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Live Updates  >  Live Update Details

2025-11-03 07:48:40

[Thailand Has 1.64 Million Vacant Homes] A report released on the 2nd by the Real Estate Research and Valuation Center of Thailand shows that there are 1.64 million vacant homes nationwide, with a total value of 3.45 trillion baht, equivalent to the country's annual budget. The report states that this situation is caused by over-investment in real estate. The large housing inventory indicates instability in the real estate market and may harm the financial stability of lending institutions. The report recommends levying a new tax on vacant properties to incentivize owners to sell or rent out their properties, thereby reducing vacancy rates.

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