The next government should revise loan-to-value (LTV) limits, reduce the minimum land size for low-rise houses and extend the leasehold period to stimulate residential demand amid unfavourable conditions, according to property associations.
Meesak Chunharuckchot, president of the Thai Real Estate Association, said the easing of LTV limits should be extended to those borrowing for more than two years as it would help boost both the new and second-hand home market.
