Thai tax cuts only for some – www.property-report.com, September 21, 2011
…“This will be a disaster for low-income earners, as financial institutions will prefer lending to high income earners at the expense of low income customers. Chances for low income earners to own a home is even dimmer,” said Mr. Sopon.
For some, the tax incentive scheme is good news. Analysts say leading Thai real estate developers, Supalai, Pruksa Real Estate and LPN Development are likely to see increased sales on the back of the new policy. The majority of Supalai’s units and all of LPN’s units on the market are priced below THB5 million…
-
- The Wheel Begins to Turn: Weekly Rallies and Disapproving Academics
- The Hopewell Project
- ‘White Mask’ Guards Seen Trying To Hit Red Shirts With Iron Bars
- Buffalo Ticks
- Ladyboys versus All Blacks: is this the world’s weirdest sport?
- Directions to Bangkok’s 24-hour casinos
- Thailand’s boom: To the northeast, the spoils
- Durian McFlurry at McDonald’s Singapore
- Red shirts attack, injure white-mask protesters in Chiang Mai
- Do police in charge of Akeyuth investigation really owe allegiance to Thaksin?
- Lost city found in the Cambodian jungle