Firstly, let's consider the potential effects of interest rate hikes. With rising loan interest rates, the cost of purchasing property may increase, potentially reducing the purchasing power of buyers, especially for those reliant on loans for property purchases. High-cost loans may also dampen investors' enthusiasm for investment, leading to reduced market demand. However, interest rate hikes also help prevent market overheating, preventing the formation of property price bubbles, which is beneficial for the long-term stability of the market.

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For investors and homebuyers, it is crucial to address the impact of interest rate hikes. Firstly, they can adopt a wait-and-see strategy, closely monitoring changes in the market, especially changes in loan interest rates and market demand. Secondly, they can consider diversifying their investment portfolios, not putting all their funds into the real estate market to reduce risk. Additionally, seeking advice from professional property consultants is wise, as they can provide customized advice based on individual circumstances to help investors make informed decisions.

While interest rate hikes may have some short-term effects on the Bangkok real estate market, the long-term fundamentals of the market remain healthy. With Thailand's economy continuing to grow and population increasing, coupled with various government policies supporting the real estate market, these factors will underpin the steady growth of the Bangkok property market. Therefore, long-term investors should focus more on the market's long-term trends rather than short-term interest rate fluctuations.