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Main » Articles » Real Estate » Construction and repair

Thai housing industry slowly moves up

According to experts, in the I half of the volume of housing construction in the country will increase by 3-5%.

This forecast is contained in the record company PD House Home Builder Centre, referred to by the Asia Property Report.

The expected increase in housing construction is less than previously estimated. This is due to unrest in Bangkok, which took place last month and were due to political instability in Thailand.

Analysts also note the tendency of borrowed funds during the construction of private housing. If 5-6 years ago about 60% wanted to build their own home relied on personal savings, now nearly 80% intend to attract credit.

According to the head of PD House Home Builder Centre Sitthiporn Suvannasut, many do not believe that they can accumulate on the purchase or construction of housing in the face of rising prices.

Category: Construction and repair | Added by: Дмитрий (29.06.2010) W
Views: 449 | Rating: 0.0/0

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