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BoI Home speculation a concern

The property business overall will record flat growth this year and there is a mild risk of a speculative bubble in low-cost housing, according to the independent real estate consultant Agency for Real Estate Affairs (AREA). The agency, which conducts field surveys twice a year, found 1,183 projects still open for sale as of the end of last year. Of the total,843 projects have at least 20 available units.

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