funandsuninbangkok

On 1/12/2017 at 2:20 AM, realenglish1 said:

Prices have continued to soar based on What certainly not demand Banks are being very restrictive about Real Estate loans now   Prices have risen unabated since 2000 and there is no such thing as a market just going up with no correction Its just not realistic . A correction is coming and you will feel  it

You know nothing about real estate  When the supply outstips demand  there is a problem The reason they are not building more luxury condos is there is little demand for them .

Who is going to buy them Thais are in financial straights right now Borrowed too much If the banks won't lend and people want to sell You have a serious problem

Sit in your Ivory tower but the correction is coming . There is a thing in real estate called over bought . Now look at your condo and see who has sold in the last 6 months or so

Probably not too many at the high end NO MONEY

2017 is going to be very very difficult 

Bangkok Post this week:

KCProperties defaults on bills of exchange. 

Experts downplay talk of real estate bubble

EU warns Thailand on Human Rights and trafficking

Donald Trump inaugurated this week

What could possibly go wrong for a nice little country run by a military dictator and depended on exports for 70% of its GDP?

Nows the time to buy!

On 1/11/2017 at 4:14 AM, zorro1 said:

Well we have what we have today and then we have crystal ball gazing.

Good luck with that. I have a close mate who is on your side of the fence who could have bought the same time I did but kept telling me the baht will implode and he thought real estate was to expensive in bangkok 16 years ago lol. 16 years of rent down the drain and has to pay triple pricing today.. He was another crystal ball gazer

Well actually if he invested in many other things like equities, bonds, Reits, gold, etc he would have done just fine. 

In the mean time rents in Bangkok are the same as the were 10 years ago.  I know as I invested in US high tech in 2001 and have  happily rented here. 

On 1/16/2017 at 8:52 PM, nottocus said:

I don't know why you would want to waste your time protesting a democratically elected President, but if I hear of a protest I will let you know (I imagine most people would prefer to just get on with their  lives though).

Not sure about protest but there is a lunch to report on new proposals including ending global taxation for Americans. See info here:

www.republicansinthailand.org