Governor of the Bank of Thailand (BOT) rising interest dreaded speculators pressured to leave down condo repeat itself in 1997 revealed the figures in the book about 25% of the condominium to be careful. If it is not real demand. If the economy turned. This group will have a problem now.
Mrs.Tarisa Wattanagate Governor of the Bank of Thailand (BOT), the inaugural speech at the Seminar on Business Association to build a house "With the economic crisis on Big Idea" on the topic overall Thai economy in 2010 how to adjust timely that even now do not see any problems in the real estate bubble. But also found that The total purchase housing that does not stay true proportion to 25%, while supply is all the more condominiums. So I remind operators that the watch closely. Because if the economy turned. With the prospect of rising interest rates. Will cause problems like soap bubbles in 1997.
Through interest rate policy is at a low level for a long time. If the real interest rate. Inflation already broken out. Will find that the interest will be negative. The cause of the BOT.'re Concerned that interest should not be too low. This may cause people to borrow money for speculation. Instead of the money to expand. While the deposit interest rate minus This is scary. This is another reason that makes the bot. Adjust the interest rate policy The trend is rising interest rates may lead to a relax Su Downs Real Estate, especially condominiums. May sell property left Down's for existing.
"Top a condominium since 2007 seemed to have a volume increase Wrong with the house that does not increase continuously. Is that all relevant issues must be considered carefully and closely Because we know that is true or not as good. And do not want to build up a demand that exists. "
Mrs.Tarisa Wattanagate said that in addition to sales and total purchase price is a weight factor that indicates the key. Na is the symbol at the bubble or not. There are also indicators of price fall, compared with prior periods.
Believes export push. Economic growth for the second half.
Mrs.Tarisa Wattanagate said if you look ahead. Or half the rest of this year. Believe that the economy would continue to be good. Because economic data indicates that the Thai economy to go well. Especially exports are machinery to drive economic importance in the quarter was 2 / 2010 exports in May rose up to 35% and as of June grew to 46%, which rose to a record. And the international markets especially important. G-3 countries like U.S., Europe and Japan slow down any economic problems. This reflects that the exports of Thailand has adaptation With markets spread to countries other than G-3 countries have increasingly turned to trade and increasingly in the region. Especially China, the proportion of Thai exports to 11%.
For inflation this year, inflation is not an issue on the economy. But next year, inflation is expected to have the opportunity to adjust the height and the people within the 3% so it is essential that the bot.'ll Have to take care inflation. With rising interest rates since early It will lead to more interest in the market fully may take up to two years or eight quarters because it is too late for a monetary policy may require or high interest rates to increase inflation time to care. This will affect the economy much.
No comments:
Post a Comment