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Political strife hits property market

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Increased political uncertainty will have a negative impact on investment sentiment in Thailand’s real estate market as it has dampened investor confidence, according to international international property services and consultancy firm JLL. 

The company said the Constitutional Court’s disqualification of caretaker prime minister Yingluck Shinawatra on Wednesday had heightened the political uncertainty.

The judgement has not resolved the political crisis and has sparked fears of new violence by the government’s supporters.

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