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Finance Minister Quells Bubble Talk


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 "The current situation is not a housing bubble but can instead be described as a run-up in home prices fuelled by speculative demand." - Thai Finance Minister


Glad that's all cleared up then!


Edit: Sorry, Bangkok Post link. I'll include a link to The Nation when they get around to reporting today's economic news.

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7 hours ago, Senechal said:

"The current situation is not a housing bubble but can instead be described as a run-up in home prices fuelled by speculative demand." - Thai Finance Minister

 

You can see the country is in good hands, nothing to worry.

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