On my way to collect data outside of Siem Reap, I noticed the construction of 12 mostly identical houses. As the economy grows in Cambodia and the middle class increases, people are demanding larger houses but at somewhat affordable prices. Buying land and building one’s own home is likely more expensive then buying in a development like the one captured in the image below. In economic terms, this is speculative building: some developer thinks that building a group of suburban homes will have a high return on investment. Lets hope this isn’t the beginning of a housing bubble.