GH Bank asked to put low-income people in homes
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DEPUTY Prime Minister Somkid Jatusripitak Thursday asked the Government Housing (GH) Bank to join the Treasury Department, the National Housing Authority and other agencies to find ways for low-income earners and the elderly to own homes.
He urged the bank to shift its policy from mortgage extensions to promoting home ownership for Thais at all levels, particularly low-income earners and the disadvantaged.
The bank may have to come up with a concept for the new policy with reasonable costs and low lending rates that could allow the poor to live in their own homes, Somkid said.
