PERAN PERILAKU SPEKULATIF DALAM MEMODERASI PENGAMBILAN KEPUTUSAN PEMBELIAN RUMAH GENERASI MILENIAL

Authors

  • Bobby Yerikho Magister Teknik Sipil UK Petra
  • Jani Rahardjo Petra Christian University
  • Christiono Utomo Institut Teknologi Sepuluh Nopember

DOI:

https://doi.org/10.9744/duts.10.2.285-300

Keywords:

milenial, perilaku spekulatif, niat pembelian, keputusan pembelian, PLS-SEM, structural equation modeling

Abstract

Berubahnya gaya hidup pada generasi milenial menimbulkan banyak perubahan dalam berbagai bidang kehidupan, tidak terkecuali dalam bidang properti. Niat pembelian yang menjadi titik fokus dalam penelitian ini didefinisikan sebagai tahap awal dalam proses pengambilan keputusan pembelian, di mana individu mulai menyusun rencana dan evaluasi untuk melakukan pembelian suatu produk atau layanan. Penelitian ini bertujuan untuk memahami faktor-faktor yang mendorong generasi milenial dalam membentuk niat pembelian rumah, dengan fokus pada bagaimana perilaku spekulatif dapat memoderasi atribut preferensi generasi milenial dalam mempengaruhi niat pembelian. Pengumpulan data dilakukan dengan menyebarkan kuesioner yang ditujukan pada milenial yang berdomisili di Surabaya. Data kemudian diolah dengan structural equation modelling (SEM), metode PLS-SEM. Hasil penelitian ini menunjukkan bahwa perilaku spekulatif memiliki pengaruh signifikan terhadap niat pembelian rumah di Surabaya. Namun, faktor-faktor lain seperti kualitas fisik, brand, lokasi akses, dan lingkungan tidak ditemukan memiliki pengaruh yang signifikan.

References

Ajzen, I. (1991). The theory of planned behavior. Organizational behavior and human decision processes, 50(2), 179-211.

Bond, S. (2001). Conjoint analysis: Assessing buyer preferences for property attributes to assist with the estimation of land contamination stigma. School of Economics and Finance, Curtin Business School , 42.

Chin, W. W., dan Newsted, P. R. (1999). Structural equation modeling analysis with small samples using partial least squares. Statistical strategies for small sample research, 1(1), 307-341.

Davison, N., Goodier, C., Gibb, A., Austin, S., Saker, J., & Gregory, C. (2009). Factors influencing the market for branded mass costumized buildings. Loughborough University , 1-10.

Eves, C. (2006, June). Residential sales by auction: a property type or geographic consideration. In 13th Annual European Real Estate Society Conference.

Fornell, C., & Larcker, D. F. (1981). Structural equation models with unobservable variables and measurement error: Algebra and statistics.

Gao, Z., Sockin, M., dan Xiong, W. (2020). Economic consequences of housing speculation. The Review of Financial Studies, 33(11), 5248-5287.

Ghozali, Imam. (2014). An efficiency determinant of banking industry in Indonesia. Research Journal of Finance and Accounting, 5(3), 18-26.

Hair, J. F., Black, W. C., Babin, B. J., Anderson, R. E., & Tatham, R. L. (2014). Pearson new international edition. Multivariate data analysis, Seventh Edition. Pearson Education Limited Harlow, Essex.

Ismail, H., dan Shaari, S. M. (2019). Housing decision: the choice between location, house and neighbourhood among malaysian generations. MATEC Web of Conferences (Vol. 266, p. 01026). EDP Sciences.

Istikomah, K. (2019, September). The Millennial Generation Buying Behaviour in Purchasing Houses Case of Modest Housing Industry in Indonesia. Proceedings of the 1st Workshop on Multidisciplinary and Its Applications Part 1, WMA-01 2018, 19-20 January 2018, Aceh, Indonesia.

Juliadi, D. A. (2020). Analisis numerik pengaruh desain atap rumah terhadap kenyamanan termal penghuni. Skripsi thesis, Universitas Negeri Padang.

Jogiyanto, H. dan W. Abdillah. (2009). Konsep dan aplikasi pls (partial least square) untuk penelitian empiris. Yogyakarta: Andi.

Joreskog, K. G. (1969). A general approach to confirmatory maximum likelihood factor analysis. Psychometrika, 34(2), 1

Kauko, T. (2006). Expressions of housing consumer preferences: Proposition for a research agenda. Housing, Theory and Society, 23(2), 92–108.

Kopitz, E., McConnell, V., & Walls, M. (2007). The trade-off between private lots and public open space in subdivisions at the urban–rural fringe. Resources for the Future , 1-19.

Lamond, J. E. (2008). The impact of flooding on the value of residential property in the uk. wolverhampton: University of Wolverhampton.

Maruyama, G. (1997). Basics of structural equation modeling. Sage.

Malpezzi, S., Wachter, S. M. (2005), The role of speculation in real estate cycles. Zell/Lurie Center Working Papers 401, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania.

Muktiwibowo, S. A. (2020), Perbandingan preferensi antara pengembang, konsumen, dan investor terhadap harga rumah di Surabaya. (TA No. 01000277/MTS/2020). Tesis Universitas Kristen Petra, Surabaya.

Mulliner, E., Algrnas, M. (2018). Preferences for housing attributes in Saudi ArabiaA comparison between consumers' and property practitioners' views. Cities, 83, 152-164.

Mulyano, Y., Rahadi, R. A., & Amaliah, U. (2020). Millennials housing preferences model in Jakarta. European Journal of Business and Management Research, 5(1). https://doi.org/10.24018/ejbmr.2020.5.1.240

Neill, H. R., Hassenzahl, D. M., & Assane, D. D. (2007). Estimating the effect of air quality: spatial versus traditional hedonic price models. Southern Economic Journal , 1088-1111.

Njo, A., dan Sugeng, K. (2023). House purchase intention during pandemic COVID-19 in Surabaya, Indonesia. Property Management, 41(2), 191-211.

Opoku, R. A., & Abdul-Muhmin, A. G. (2010). Housing preferences and attribute importance among low-income consumers in Saudi Arabia. Habitat international, 34(2), 219-227.

Rahadi, R. A., Wiryono, S. K., Koesrindartoto, D. P., & Syamwil, I. B. (2013). Attributes influencing housing product value and price in Jakarta metropolitan region. Procedia-Social and Behavioral Sciences, 101, 368-378.

Rahadi, R. A., Wiryono, S. K., Koesrindartoto, D. P., & Syamwil, I. B. (2015b). Factors influencing the price of housing in Indonesia. International Journal of Housing Markets and Analysis, 8(2), 169–188.

Shafiei, M. W., Foo, F. S., Said, I., & Omran, A. (2010). Malacca house buyers' housing preferences in malaysian new residential market. ANNALS of Faculty Engineering Hunedoara - International Journal of Engineering, 217-226.

Shiller, R. J. (2005). Behavioral economics and institutional innovation. Southern Economic Journal, 72(2), 269-283.

Sirgy, M. J., dan Cornwell, T. (2002). How neighborhood features affect quality of life. Social indicators research, 59(1), 79-114.

Straub, D., Boudreau, M. C., & Gefen, D. (2004). Validation guidelines for IS positivist research. Communications of the Association for Information systems, 13(1), 24.

Sugiyono, D. (2010). Metode penelitian kuantitatif dan R&D. Bandung: Alfabeta

Susilawati, C., & Virojanapa, M. (2007). Resident's preference on using green space facility. In 13th Pacific-Rim Real Estate Society Conference, (pp. 1-16).

Truong, Y., dan McColl, R. (2011). Intrinsic motivations, self-esteem, and luxury goods consumption. Journal of retailing and consumer services, 18(6), 555-561.

Wachs, M., Taylor, B. D., Levine, N., & Ong, P. (1993). The changing commute: A case study of the jobs-housing relationship over time. Urban Studies, 30(10), 1711–1729.

Widiastuti, E., & Handayani, S. (2013). Analisis faktor-faktor yang mempengaruhi keputusan pembelian rumah bersubsidi dengan menggunakan analisis regresi. In Prosiding Seminar Nasional Statistika Universitas Diponegoro. Fakultas Ekonomi (pp. 111-121), Universitas Diponegoro. Semarang.

Wold, H. (1974), Causal flows with latent variables: partings of ways in the light of NIPALS modelling. European Economic Review, 5(1), 67-86.

Wu, K.-S., & Teng, Y.-M. (2011). Applying the extended theory of planned behavior to predict the intention of visiting a green hotel. African Journal of Business Management, 5(17), 7579-7587.

Wyatt, P. (2013). Property valuation (2nd ed.). Chichester: John Wiley & Sons.

Yoke, C. C., Mun, Y. W., Peng, L. M., & Yean, U. L. (2018). Purchase intention of residential property in greater kuala lumpur, malaysia. International Journal of Asian Social Science, 8(8), 580-590.

Zheng, M., Wang, H., Wang, C., & Wang, S. (2017). Speculative behavior in a housing market: Boom and bust. Economic Modelling, 61(2017), 50-64. https://doi.org/10.1016/j.econmod.2016.11.021

Downloads

Published

2023-10-31

How to Cite

Yerikho, B., Rahardjo, J., & Utomo, C. (2023). PERAN PERILAKU SPEKULATIF DALAM MEMODERASI PENGAMBILAN KEPUTUSAN PEMBELIAN RUMAH GENERASI MILENIAL. Dimensi Utama Teknik Sipil, 10(2), 285–300. https://doi.org/10.9744/duts.10.2.285-300