mogandave

11 hours ago, candide said:

You should have read the post I replied to.

The subject was the population number used to calculate the % of unemployed.

Why? You’re wrong either way. None of the millions of illegals Biden helped flood across the border were counted in the last census. 

9 hours ago, candide said:

If they are counted as part of the population (census), they are also counted to calculate unemployment numbers....

Clearly you are misinformed. Only people that are not working, are actively looking for work, and that are available for work are considered unemployed. To be considered available for work you have to have a US social security number, or a US taxpayer ID. 

Realistically, the only people actually counted as officially unemployed, are people collecting unemployment benefits. 

8 minutes ago, Sigmund said:

Avoid those run by foreigners...as in Thailand once you live here, you will see that often it is better to avoid the foreigners who have businesses. Of course not all, of course not...but many.

I have breakfast at the new airport Marriott Courtyard now and then, it’s run by a foreigner and it’s great. 

4 minutes ago, NoshowJones said:

Depends on what business the greedy capitalist is in.

But for capitalists there would be no airport for lazy leftists to whine about. 

1 hour ago, NoshowJones said:

There is a big difference between being a greedy capitalist and giving customers a fair deal.

What’s a fair margin? 

Let the people that want use the airport, pay for the airport. Makes sense to me.

On 3/28/2024 at 6:18 PM, Tug said:

The secret is what time zone I’m in and what time I tend to browse the internet simple as that +my deep concern over a certain you know who …..back on topic are they showing that ultra utilitarian cheap Toyota truck?I like the promise of an ultra simple no frills straight forward truck

I like the look, but found the cab a bit cramped. 

19 hours ago, MangoKorat said:

I give up, you clearly haven't understood a word I've said.

That’s what I thought.

17 hours ago, MangoKorat said:

I have tried to be helpful, not engage in an argument.

 

If you feel you understand the Thai property market better than I do - hat's off to you.

So when you make (apparently) false claims  you’re just trying to be helpful, but when I ask you for clarification, I’m being argumentative, got it. 

Properties priced significantly higher than market value do not sell anywhere. 

5 minutes ago, MangoKorat said:

Not necessarily.  An 'attractive price' may not mean that the owner recovers their costs.

The owner’s costs have nothing to do with the value.

5 minutes ago, MangoKorat said:

Secondhand property has always taken time to sell due to Thai's aversion to it.  Of course if you ask much less than the value, you are more likely to get a sale but it can be difficult to sell a property at any price in Thailand.

Market value is what something will sell for. 

It is difficult to sell an overpriced property anywhere.

5 minutes ago, MangoKorat said:

Another factor can be that whilst a house has value to its owner, others may not be interested at all.  Many foreigners build houses on land belonging to their partner's or their family and that house is often a much higher specification than is the norm in the area. That expense may well be OK at the time but impossible to recover in forced sale situation.

Again, market value is based on what people will pay for something, not what the owner thinks it is worth.

5 minutes ago, MangoKorat said:

I know of quite a few foreigners, married to Thai's who have built houses costing 3 or 4 million and are happy to have done so. These house are quite often in a village location and may well be far away from local amenities etc. Quite a few of them wouldn't have a hope in hell of recovering that expense within any time period, let alone 12 months.

Again, this has nothing to do with the owner being a foreigner. 

5 minutes ago, MangoKorat said:

Every area has its ceiling value per sq m and high spec houses may well exceed that in terms of cost.  My house for example, is in a high value location (for the area). I have carried out several improvements to it for my own comfort and have other improvements planned.  However, shortly after I bought it the new M6 motorway was announced sparking a flurry of land sales and new building.  What was a quiet, semi rural location may well soon be swallowed up by the nearby city.  The new motorway may well increase values in the minds of Thai people but for me its a negative.

 

I have a potential new opportunity in a different area. I am still deciding whether to sell my current house and move on or carry out those further improvements.  At the moment, I would probably get around a 800,000 to a million baht more than I paid for the property, including improvements.  If I carry out the further improvements I doubt I would get my money back if I decided to sell.  The spec I have planned will most likely take it over the ceiling price. If I had a crystal ball and could guarantee that no further new developments will take place nearby, I'd be happy to stay because I love the location.

 

The current spec of my house is way over the norm for the area. What I see as essential items for my own comfort are almost certainly not seen in the same way by any potential Thai buyers. This is the case with a lot of houses 'owned' by foreigners in Thailand.

 

There is a commomly used phrase when it comes to the main factors that determine the value and saleability of any property - across the world.  Location, location, location. A house with similar specs to mine is common place in say Pattaya where a lot of foreigners live but its not in my area. All these things affect the value and overall saleability.

 

So no, I don't think that simply offering a property at an 'attractive price' will guarantee a sale within a year. There are several factors to be considered - not least of which may be whether or not you are prepared to accept a loss.

 

Its not a simple matter - value is determined by location, spec and demand.  The fact that a foreigner has spent 5 million building a house to their spec does not mean that the house is actually woth that.

 

So how is it you disagree with me? 

A home that will not sell in a year, will likely not sell in two. 

17 hours ago, MangoKorat said:

Houses/land in Thailand can literally take years to sell - it’s nothing like the European market.  Much of that is because Thai's often have big ideas on how much their land is worth and also because they have an aversion to buying secondhand houses.

Which has nothing to do with what I said.

Properties in Europe that are priced significantly over market value will take years to sell as well, so it’s not really that different.

17 hours ago, MangoKorat said:

A single plot next to me has been on the market @ 2 million baht (totally unrealistic) for almost a year. A similar sized plot opposite was sold quickly for 900,000 - I expected that to bring 1.2 to 1.4 million but the owner clearly didn't want to mess around.

Which just shows that if the property is priced right, it will sell. 

17 hours ago, MangoKorat said:

Land/houses can sell quickly but it is not uncommon for it to take years. Therefore, a realistic price is most likely to enable a fast sale - just as it is anywhere else.

So apparently we agree, in that a foreigner (or anyone) selling a property at an attractive price should have no difficulty unloading it in a year, yes?

That said, if one buys a piece of farm land for 500k in the middle of nowhere and builds a 10M home on it, the home is not going to sell for 10M. But this has nothing to do with the fact that the seller is a foreigner with only a year to sell it, it’s just that no one wants it at 10M.

I think it silly to believe one would expect to get less if you only have a year to sell something, unless you only have one customer. 

Meat expires in a week, everyone knows they have to sell it, but it does not drive the price down until the last day of at all.

Is the room on the top floor? If not, insulating the ceiling will not help much. 

How is the room configured? 

50 minutes ago, OneMoreFarang said:

I think even then the pressure is the same. If it burst, then less water will spill. But I guess you still have enough flow to possibly create flooding. 

Exactly. Closing the valve will not reduce the pressure, it only reduces flow. 

47 minutes ago, Frankie baby said:

Innocent or guilty, Id claim what-ever Taskin's claiming?   

He claims to be a billionaire, you?

22 hours ago, PremiumLane said:

Nothing gets the boomers on here more excited than a story of a tourist having a crash in Thailand 

You forgot about Starbucks and McDonald’s being the absolute worst coffee and burgers on the planet, with 7-11 having the absolute best.

Also no “free” plastic bags and of course stray dogs.

18 hours ago, NanLaew said:

You can't "speed away" with a wheel clamp attached.

 

Hope this helps.

They were not planning to leave it there. You can’t pull it on the tow-rig with a wheel clamp on it either, which was what they were prepping it for. 

Hope this helps.

3 minutes ago, findlay13 said:

One time a wheel clamp would have helped

How would it have helped?

5 minutes ago, Deli said:

Since of when a Mustang is a sedan ? Clueless reporting

Since it became “posh”.