BANGKOK -- A Thai government initiative to build up to 300,000 cheap houses for poorer people is likely to add to oversupply pressures on the nation's property market, experts have warned.
Experts say new glut of cheap homes will add to an oversupply crisis

A show home in Bangkok for Thailand's government housing scheme: The project has proved so popular that the registration website crashed soon after launch. (Photo by Yuki Kohara)
BANGKOK -- A Thai government initiative to build up to 300,000 cheap houses for poorer people is likely to add to oversupply pressures on the nation's property market, experts have warned.