Thailand Debates Raising Foreign Condo Ownership Cap Amid Enclave Fears
Business

Thailand Debates Raising Foreign Condo Ownership Cap Amid Enclave Fears

Thailand is considering a proposal to raise the foreign ownership cap for condominiums from 49% to 75% to stimulate its struggling property market. However, the move faces public scrutiny over potential social impacts and concerns about unregulated short-term rentals, as developers increasingly rely on overseas buyers amid sluggish domestic demand.

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