01.06.2011 - Experts forecast fall in Thai property market
Experts have forecast a ten to 15 per cent drop in prices within the Thai property market for 2011. At the recent Property Market Outlook in 2011 seminar, analysts indicated that buyers should be able to take advantage of a fall in values, Property Report states. According to the experts, high interest rates, rising inflation and increased construction costs are all contributing to the decline. However, it is hoped that new government measures will go some way to improving market conditions..............................................Full Article: Source
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