A study on the reaction of housing price and macroeconomic factor : evidence from Thailand / Amirul Aiman Abd Halim

Over the few years, the price of the house in the Thailand has facing significant value expansion and it lead to worrying trend among the investors. Moreover, this study is conduct in order to determine the determinants of Housing Price Index (HPI) in Thailand. This study also will explain on the background of the study, the problems statement, research questions and objective, the significance of the study, and also limitations. Plus, the dependent and independent will be explained and also this study is to determine the relationship between the variables that been selected Moreover, the research in this study will be discussed about dependent and independent variables. The dependent variables in this study are Housing Price Index (HPI) in Thailand. Meanwhile, the independent that been chosen which is macroeconomic factors which are Gross Domestic Product (GDP), Inflation Rate, Population, and Interest Rate. The selected independent variables is said to have a significant impact towards the dependent variables which is Housing Price Index (HPI) in Thailand. Furthermore, the relationship of the selected variables is to study the macroeconomics factors influence. In this study will involving two types of the research questions. Firstly is main research questions while secondly is specific research questions. The main research questions are related to the dependent variables. For the specific research questions is to pointed to backing the possibilities of the outcome of the main research questions.