Abstract
The private sector in Thailand moved into construction of housing for low-income people in 1986, initiating at least 37 new projects which offered housing at prices ranging from 150 000 to 250 000 Baht. A sales office survey was conducted in all these projects, as part of the Bangkok Land Management Study. A comparison of rates of sale shows that low-cost houses are now selling three times as fast as other land-and-house packages on the market. If we assume that new home buyers are willing to pay 25% of total household income for housing, then households with a monthly income of 6000 Baht can now afford a house in Bangkok. A comparison with conditions in the housing market in 1980 shows that at that time, almost no household with a monthly income of less than 10 000 Baht could afford a house produced by the private sector. One-third of the population living in slums can now afford to own a small house in the suburbs. -from Authors
| Original language | English (US) |
|---|---|
| Pages (from-to) | 1-20 |
| Number of pages | 20 |
| Journal | Third World Planning Review |
| Volume | 12 |
| Issue number | 1 |
| State | Published - 1990 |
Fingerprint
ASJC Scopus subject areas
- Development
Cite this
The down-market trend in housing production in Bangkok, 1980-87. / Angel, Shlomo; Chuated, S.
In: Third World Planning Review, Vol. 12, No. 1, 1990, p. 1-20.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - The down-market trend in housing production in Bangkok, 1980-87
AU - Angel, Shlomo
AU - Chuated, S.
PY - 1990
Y1 - 1990
N2 - The private sector in Thailand moved into construction of housing for low-income people in 1986, initiating at least 37 new projects which offered housing at prices ranging from 150 000 to 250 000 Baht. A sales office survey was conducted in all these projects, as part of the Bangkok Land Management Study. A comparison of rates of sale shows that low-cost houses are now selling three times as fast as other land-and-house packages on the market. If we assume that new home buyers are willing to pay 25% of total household income for housing, then households with a monthly income of 6000 Baht can now afford a house in Bangkok. A comparison with conditions in the housing market in 1980 shows that at that time, almost no household with a monthly income of less than 10 000 Baht could afford a house produced by the private sector. One-third of the population living in slums can now afford to own a small house in the suburbs. -from Authors
AB - The private sector in Thailand moved into construction of housing for low-income people in 1986, initiating at least 37 new projects which offered housing at prices ranging from 150 000 to 250 000 Baht. A sales office survey was conducted in all these projects, as part of the Bangkok Land Management Study. A comparison of rates of sale shows that low-cost houses are now selling three times as fast as other land-and-house packages on the market. If we assume that new home buyers are willing to pay 25% of total household income for housing, then households with a monthly income of 6000 Baht can now afford a house in Bangkok. A comparison with conditions in the housing market in 1980 shows that at that time, almost no household with a monthly income of less than 10 000 Baht could afford a house produced by the private sector. One-third of the population living in slums can now afford to own a small house in the suburbs. -from Authors
UR - http://www.scopus.com/inward/record.url?scp=0025247583&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0025247583&partnerID=8YFLogxK
M3 - Article
VL - 12
SP - 1
EP - 20
JO - International Development Planning Review
JF - International Development Planning Review
SN - 1474-6743
IS - 1
ER -