Abstract
Housing has never been high on the political agenda in Thailand. Except in the late 1970s and early 1980s when the National Housing Authority built low-cost rental apartments, successive governments have not much interfered in the land and housing market, but allowed supply and demand to meet. When it played an active role, the government would facilitate private-sector housing development and keep interest rates low to support homebuyers. However, over the years, the number of slum dwellers in Bangkok has not decreased, while government policy may have benefited private developers more than it benefited low-income homebuyers.
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Sheng, Y.K. Housing, the state and the market in Thailand: Enabling and enriching the private sector. Journal of Housing and the Built Environment 17, 33–47 (2002). https://doi.org/10.1023/A:1014829310658
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DOI: https://doi.org/10.1023/A:1014829310658