Well yes, but in property i think only a fraction of indonesian can afford to buy those expensive houses and apartments. If it will happen, i think the scenario will be the same with what happen during the mortgage crisis in the US, don't forget that US population is bigger than Indonesia so it might happen :). It is really related on how the banks playing this credit things out. I guess our banking system learning something with what happen in the US so you probably right it is highly unlikely that property bubble will burst anytime soon :D.
If you say that we are very consumptive, well yeah as long it is related to automobile, gadget and goods:p. Actually this what cause the emerging markets survive during the crisis: good governance, stable banking system and high consumptions :). The only problem with our system is still corruption and low education for most of our work forces but we all hard workers though less paid. But if china can get "there" we can do it too. U know the slogan now : "The Future is Asia", hope it is not only the slogan :D.
The inflation is quite high but under control. I believe it is due to the weather anomaly, so it happen everywhere.
If you say that we are very consumptive, well yeah as long it is related to automobile, gadget and goods:p. Actually this what cause the emerging markets survive during the crisis: good governance, stable banking system and high consumptions :). The only problem with our system is still corruption and low education for most of our work forces but we all hard workers though less paid. But if china can get "there" we can do it too. U know the slogan now : "The Future is Asia", hope it is not only the slogan :D.
The inflation is quite high but under control. I believe it is due to the weather anomaly, so it happen everywhere.