Homebuyers in Thailand Face Soaring Mortgage Rejections
CHIANG RAI – Buying a house in Thailand used to depend heavily on proving your monthly income. Now, it takes a lot more to get the green light from financial institutions. Mortgage rejection rates have skyrocketed recently, hitting unprecedented highs across the entire country. This growing credit crunch is causing serious trouble for hopeful homeowners […] The post Homebuyers in Thailand Face…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.