The Challenges Faced by the "Sandwich" Generation in Buying a Home

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Adi Ahdiat 03/12/2024 18:46 WIB

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According to a Pinhome survey, Indonesia's sandwich generation faces various challenges in buying a house, ranging from finding a property that suits their needs to difficulties in saving for a down p

5 Major Challenges Faced by Indonesia's Sandwich Generation in Buying Landed Property (October 2024)

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5 Major Challenges Faced by Indonesia's Sandwich Generation in Buying Landed Property (October 2024)

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The sandwich generation refers to the working-age population responsible for caring for their parents while also supporting their children or siblings.

This generation generally faces various financial challenges, one of which is buying a house.

According to a Pinhome survey, the biggest challenge faced by Indonesia's sandwich generation in buying a house is finding the right property (41%).

"For the sandwich generation who successfully purchased a landed property in the last year, choosing a property that suits their needs and budget is the main challenge," as quoted from the Pinhome YouGov Exclusive Report, October 2024 edition.

Other challenges include high installment payments (39%), excessive additional property purchase costs (36%), communication problems with agents or property developers (28%), and difficulty in gathering down payments (26%).

This report is the result of a collaborative survey by Pinhome and YouGov. The survey involved 400 respondents, consisting of men and women aged 18 and over in various regions of Indonesia.

200 respondents had recently purchased property within the last year, and the other 200 respondents are prospective homebuyers.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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The Challenges Faced by the "Sandwich" Generation in Buying a Home

The Challenges Faced by the "Sandwich" Generation in Buying a Home

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The Challenges Faced by the "Sandwich" Generation in Buying a Home

The Challenges Faced by the "Sandwich" Generation in Buying a Home

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BPS: The Higher the Education Level, the More Students Work and Manage Households by 2025

Global X User Share Growth through Q2 2025

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