GOVERNMENT POLICY TOWARDS PROMOTING REAL ESTATE BUSINESS FOR LOW-INCOME EARNERS IN THE EASTERN REGION

Authors

  • Kidtiyarut Kaewpongsuk Western University
  • Paphatsorn Woraphatthirakul Western University

Keywords:

Government Policy, Investment Promotion, Movement Business, Low Income People

Abstract

The objectives of the research were: firstly, to study the government policy on the promotion of real estate business for low-income earners in the eastern region. Secondly, to study the impact of the government policy implementation on the promotion of real estate business for low-income earners. in the eastern area and third to find ways to implement the government policy towards promoting real estate business for low-income earners in the eastern region, conducted by the qualitative research. Data were collected from interviewees from government agencies. housing business operators and 31 financial institutions.

The results showed that 1. Government agencies had a policy to promote investment. It was one of the ways that the government focused on investments to increase income for the country development, especially Chonburi Province, which is in the special economic zone that the government has designated as a pilot area in the development of the country. 2. When entrepreneurs act incorrectly, no certification documents would be issued. or when there is a complaint must be investigated and provide clarifications, improvements and corrections 3. Entrepreneurs must study the information and study the details. thoroughly in order to comply with government policies. Problems with restrictions from the Town Planning Act, there must be a proposal to government agencies to amend the law in accordance with the current situation and the real situation. The operators must prepare a reserve for other expenses by exploring what is needed to be developed in the project and prepare information documents as evidence for applying for project development loans.

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Published

2024-03-01

How to Cite

Kaewpongsuk, K., & Woraphatthirakul, P. (2024). GOVERNMENT POLICY TOWARDS PROMOTING REAL ESTATE BUSINESS FOR LOW-INCOME EARNERS IN THE EASTERN REGION. Journal of MCU Social Science Review, 13(2), 275–289. Retrieved from https://so03.tci-thaijo.org/index.php/jssr/article/view/260465