US EditionRed Flags in Real Estate - Thai mortgage defaults soar to 232 billion baht as debt burden grows
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Red Flags in Real Estate - Thai mortgage defaults soar to 232 billion baht as debt burden grows
A Crumbling Dream – Mortgage NPLs hit a record 232 billion baht, casting a shadow over Thai homeownership dreams. PATTAYA, Thailand – In an era where the dream of owning a home is increasingly overshadowed by mounting debt, the latest data from Thailand’s National Credit Bureau signals growing distress in the housing sector. Non-performing loans (NPLs) in the mortgage segment surged to 232.008 billion baht in the first quarter of 2025—an alarmin…
·Pattaya City, Thailand
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