ABSTRACT
This chapter presents the development of contemporary housing policy in Thailand and discusses the housing wellbeing of Bangkok’s people residing in the middle- and high-income segments and low-income segments, with the attending social implications. Different outcomes of housing wellbeing in both segments have clearly been substantiated in Bangkok, where housing activities are most vibrant. The post-crisis revival of housing activities in Bangkok has nonetheless produced different results in housing wellbeing, with varied social implications across both the middle- and high-income and low-income segments. As housing activities in the private sector are market-oriented, many developers compete for the middle-income homebuyers by improving the quality of housing units and curbing costs to yield competitive prices to purchaser. However, as many developers compete in the private housing market, building housing units of better quality with strong security systems is used as a selling point to attract customers, contributing to better living conditions.
