I know some westerners that despite having the money to live in extremely luxury anywhere on the planet, chose Pattaya - and no, not just because of the girls.
Safety, climate, good food, and lots of small things that are simply easier around here and would be a pain in the ass in the west. And they agree with me that wealth is abundant in Bangkok.
The ones yapping all the time about real estate prices, debt bubble, not sustainable and waiting for the crash are the ones financially on the lower end. I'm not glorifying myself here, sometimes I also catch myself thinking "who the hell would pay 10M for this sh**ty shoebox condo", and boom, all units sold.