Factors Affecting the Decision to Buy a Condominium by Gen C, the Modern Lifestyle

Causes of an increase in demand for unban condominiums are diverse. They are: 1) the Increase in population, 2) the number of Immigrants to the city, 3) the need for space to live in the city, 4) the ambition in life of many people to have their own habitats, 5) urban trends. 6) economic growth, 7)...

Full description

Bibliographic Details
Main Authors: Annop Ruangkalapawongse, Sarawan Ruangkalapawongse
Format: Article
Language:Thai
Published: Mahasarakham University 2022-10-01
Series:Journal of Humanities and Social Sciences Mahasarakham University
Subjects:
Online Access:https://hujmsu.msu.ac.th/Eng/pdfsplitE.php?p=MTY2Nzk2NTc2NC5wZGZ8MTQ4LTE2MQ==
_version_ 1797829463657938944
author Annop Ruangkalapawongse
Sarawan Ruangkalapawongse
author_facet Annop Ruangkalapawongse
Sarawan Ruangkalapawongse
author_sort Annop Ruangkalapawongse
collection DOAJ
description Causes of an increase in demand for unban condominiums are diverse. They are: 1) the Increase in population, 2) the number of Immigrants to the city, 3) the need for space to live in the city, 4) the ambition in life of many people to have their own habitats, 5) urban trends. 6) economic growth, 7) lifestyle of the new generation, focusing on living in a small space, which is suitable for small families.The author states that the new generation is not ready to maintain houses with a large usable area. Modern lifestyles of people in this era who are time-poor require a good area management system around the building for convenient living. Management systems are: 1) comprehensive fire safety management, 2) pest control, 3) waste disposal, and 4) building security systems. All of these factors are driving forces that has caused the demand for condominiums to in crease rapidly. It isanother solution that is considered to be a new type of housing that is becoming very interesting to people who want to live in cities. The management system perfectly responds to their needs. However, with the current economic condition that is in a recession period due to the situation of the Covid-19 epidemic, the demand is decreasing because the economic condition has a huge effect on consumers. Due to the uncertainty about the stability of the work they do, their purchasing power decreases; therefore, they show more careful spending patterns, which affect entrepreneurs, and the overall economic system.
first_indexed 2024-04-09T13:20:40Z
format Article
id doaj.art-18d46513ceaa4782a7db0d00d27b86d5
institution Directory Open Access Journal
issn 2672-9733
language Thai
last_indexed 2024-04-09T13:20:40Z
publishDate 2022-10-01
publisher Mahasarakham University
record_format Article
series Journal of Humanities and Social Sciences Mahasarakham University
spelling doaj.art-18d46513ceaa4782a7db0d00d27b86d52023-05-11T04:48:35ZthaMahasarakham UniversityJournal of Humanities and Social Sciences Mahasarakham University2672-97332022-10-01415147160Factors Affecting the Decision to Buy a Condominium by Gen C, the Modern LifestyleAnnop Ruangkalapawongse0Sarawan Ruangkalapawongse1Faculty of Management Sciences, Suan Dusit UniversityFaculty of Management Sciences, Suan Dusit UniversityCauses of an increase in demand for unban condominiums are diverse. They are: 1) the Increase in population, 2) the number of Immigrants to the city, 3) the need for space to live in the city, 4) the ambition in life of many people to have their own habitats, 5) urban trends. 6) economic growth, 7) lifestyle of the new generation, focusing on living in a small space, which is suitable for small families.The author states that the new generation is not ready to maintain houses with a large usable area. Modern lifestyles of people in this era who are time-poor require a good area management system around the building for convenient living. Management systems are: 1) comprehensive fire safety management, 2) pest control, 3) waste disposal, and 4) building security systems. All of these factors are driving forces that has caused the demand for condominiums to in crease rapidly. It isanother solution that is considered to be a new type of housing that is becoming very interesting to people who want to live in cities. The management system perfectly responds to their needs. However, with the current economic condition that is in a recession period due to the situation of the Covid-19 epidemic, the demand is decreasing because the economic condition has a huge effect on consumers. Due to the uncertainty about the stability of the work they do, their purchasing power decreases; therefore, they show more careful spending patterns, which affect entrepreneurs, and the overall economic system.https://hujmsu.msu.ac.th/Eng/pdfsplitE.php?p=MTY2Nzk2NTc2NC5wZGZ8MTQ4LTE2MQ==condominium business managementpurchasing decisioneconomic conditiongen c
spellingShingle Annop Ruangkalapawongse
Sarawan Ruangkalapawongse
Factors Affecting the Decision to Buy a Condominium by Gen C, the Modern Lifestyle
Journal of Humanities and Social Sciences Mahasarakham University
condominium business management
purchasing decision
economic condition
gen c
title Factors Affecting the Decision to Buy a Condominium by Gen C, the Modern Lifestyle
title_full Factors Affecting the Decision to Buy a Condominium by Gen C, the Modern Lifestyle
title_fullStr Factors Affecting the Decision to Buy a Condominium by Gen C, the Modern Lifestyle
title_full_unstemmed Factors Affecting the Decision to Buy a Condominium by Gen C, the Modern Lifestyle
title_short Factors Affecting the Decision to Buy a Condominium by Gen C, the Modern Lifestyle
title_sort factors affecting the decision to buy a condominium by gen c the modern lifestyle
topic condominium business management
purchasing decision
economic condition
gen c
url https://hujmsu.msu.ac.th/Eng/pdfsplitE.php?p=MTY2Nzk2NTc2NC5wZGZ8MTQ4LTE2MQ==
work_keys_str_mv AT annopruangkalapawongse factorsaffectingthedecisiontobuyacondominiumbygencthemodernlifestyle
AT sarawanruangkalapawongse factorsaffectingthedecisiontobuyacondominiumbygencthemodernlifestyle