• Dr. Chafia Ferhat
• February 19, 2013
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• Dr. Chafia Ferhat, FENN DESIGNERS, Housing, Thailand Housing Development
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“…housing development in Thailand can be divided into three major periods: the boom (1990-1996), the bust (1997-2001) and the recovery (2002 onwards). The effects of the market bust were clearly observed in 1996, but the massive bust occurred when the Baht was floated or devalued on July 2,1997. Housing development, however, has contributed to the economy and the country. A …