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Southeast Asia’s housing paradox: too many homes, too few buyers
Southeast Asia’s housing paradox: too many homes, too few buyers
In parts of Southeast Asia, unsold homes are piling up as developers struggle to clear housing stock – yet young buyers hoping to land their first property still cannot find an affordable home. The paradox reflects a growing mismatch between the homes being built and what aspiring buyers can afford, according to analysts, who point to speculative investment, financing hurdles and poor locations…