PF: Tighter mortgage rules top concern next year | Bangkok Post: property

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PF: Tighter mortgage rules top concern next year

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The stringent new mortgage rules will continue weakening the housing market next year, while the household debt crisis will return to normal, says the SET-listed Property Perfect Plc (PF). 

As well, any effects from the political crisis will be short-lived.

Wongsakorn Prasitvipat, deputy chief business development officer, said the stricter mortgage rules by commercial banks will remain a big problem for the housing market into 2014.

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