Airalee

2 hours ago, Lacessit said:

I don't know about elsewhere, but monthly rentals in Chiang Mai and Chiang Rai are tanking. Oversupply of condos in both cities.

Just looked at my old condo in Chiangmai.  I paid more when it was new(ish) in 2012 (after negotiating a discount) than an exact duplicate unit is asking for now.

2 hours ago, ThomasThBKK said:

Bangkok too.

 

The only things easy to rent out are higher priced stuff.

Special locations, houses with pools, beachfront villas, penthouses, nice townhouses etc. - property people are willing to pay for. 

If you have one of these chickenboxs that are available in the hundreds per condo - no chance. 

I just bounced out of a unit here in Bangkok that I was in for 18 months and ended up in a nicer unit in the same building for the same price.

I wonder, at what point we might currently be on this graphic...

48 minutes ago, Number 6 said:

Agreed again.

 

And what if the economy does really tumble. Couple that with incoming technology wave. They lose the condo. The bank owns the condo. What Thai in that economic situation can step in? The potential disaster is alarming. In Florida you saw homes going for less 80% of a year or two prior. 80%! Who will pick up that slack. In vast majority of cases these condos absolutely bog standard. Frighteningly small and unappealing but the bank is out on a limb OR the developer.

 

The banks will end up allowing them to stay ..to refinance. Anything. Blocks will become abandoned, no maintenance..

 

I think many of these people rec'd loans through developers as well. Perhaps couldn't even qualify through a bank. Prolly paying extra 1.5% as well lol.

 

When you go on DDProperty and pop up the loan thing it defaults to 6%. Who in their right mind would purchase some crappy second hand condo at these prices AND finance it at 6%?

 

I’m pretty sure that any loan that was obtained through the developer was done with a partnering bank in order to offer much looser lending standards than would be the norm.  The big developers will never have their loans called and the gooberment will bail out the banks in a similar fashion as was done in the US.

If it wasn’t so dangerous to speak ones mind here, I would have started a housing bubble blog similar to “Housingpanic: The Housing Bubble Blog with an Attitude Problem” years ago.

http://housingpanic.blogspot.com/

It would also be nice to have a housing “meetup” group where instead of some foreign <deleted> realtard trying to tell us that we need to “buy now or be priced out forever”, we could discuss things such as...

1.  Which condos have decent build quality (lol) and which ones are dog****.

2.  What is the best (available to foreigners) way to short the market here and profit from people’s stupidity/greed

3.  Organize a “group buy” with a developer at a deeeeep discount. 

Perhaps even have some fun activities such as dressing up as a group of clowns and mimes and then go point and laugh at people coming out of their condos.  Or just wear sandwich boards outside of sales centers which say “too expensive” (แพงเกินไป)...of course...still in clown suits.

36 minutes ago, cyril sneer said:

good or bad, it'll get rave reviews being based on a leftist-type character 

Sounded like it wasn’t “left” enough for the review writer although she was able to get all kinds of buzzwords in.  Incel, Trumpian, #Metoo.  Thank goodness they were able to nix all the “white supremacy” by having a cross cultural “crush” between the Joker and his African American neighbor.

21 minutes ago, Number 6 said:

 

I totally agree.

 

Owners are locked in. They'd love to move but it's all pie in the sky. Bought overpriced condo and not only looking to pass on that stupidity but to profit from it. My hunch is secondary market will remain stagnant. As long as a recession doesn't hit and people lose their jobs. Then all bets off.

 

The discounts will be on new units. The only trouble is they are so tiny, no balcony, no windows, long not wide, often only one toilet in 5-6m thb condo. The kitchens are ridiculous. Oh the list is endless. But imo that's where the underbelly of the market is. It will take defeat to get these mafia developers to capitulate. 

 

I see massive blocks of empty condos and I just wonder why loans are not called? Supalai Wellington...that thing looks like it's an aging ghost town. A few more years no one will want in but the poor. Even fairly*successful* developments are full of renter's, Chinese.

 

Just simple math will demonstrate what a horrible value these things are. Even at 25++% discount my only interest personally is to leave it to my wife. I'm ok with blowing 15 20k a month. Mobility, choice. Hell, was paying that back in California on a beach flat 20 years ago.

 

What the hell is in a developers mind building shixxy 21sqm condo for 4m baht. It's not even especially close to mass transit. No, the entire thing will implode in time.

 

Finally, we farang will never own homes. Developers will fight that forever to keep the captive market. Could you imagine?

The owners are definitely locked in if they are Thai with their no money down teaser rate mortgages.  It makes me wonder if financing is approved based on the introductory rate or at the reset rate.  They’ll probably come up with some sort of BS “save the homedebtor” program (such as HAMP in the US) in order to keep the millstone around the neck of the debt slave.

2 hours ago, VocalNeal said:

No, I'm usually quite jolly when i run. 

 

There are a few Addidas shops in Pattaya. Found by surfing.  All my Addidas shoes purchased here (Bangkok) have been OK so far (touch wood) 

I too have been lucky with the Nkie and Daiads shoes I have purchased so far.

Investing in a condo for the “land value” underneath doesn’t seem like the best kind of generational real estate investment.  Looks like it’s time for you to research the cost of empty land (and condos) close to the BTS and then run the numbers.  Don’t forget future demolition costs and all the other variables.

This might help you get started...

http://www.accomasia.co.th/land-sale-bts-phromphong-sukhumvit-bangkok/property_aa18918

10 hours ago, Sheryl said:

It is available in Thailand in 3 brands: Protopic, Advagraf and Prograf. Prescription only and usually need to get it at a hospital. Imported and very expensive.

 

Sent from my SM-J701F using Thailand Forum - Thaivisa mobile app

 

 

 

 

Don’t need to get it at a hospital anymore.  They released it from that stipulation about 3 years ago and I have purchased it at pharmacies in both Chiang Mai and Bangkok without a prescription.  It is expensive however at about ฿1800 for a 10g tube  of the 0.1% strength.

I recommend buying all shoes at home, but if you can’t, then only at a major department store.  I used to run quite a bit and had a good friend that was a marathoner.  That being said, there is no way a shoe should last 2 years with daily runs.  No way.

https://www.fleetfeet.com/blog/how-long-do-running-shoes-last

1 hour ago, Chazar said:

No and if  you do it with me youll be kicked out the same day, this is usually  promoted by Mericans

I stated that I do not approve of someone playing that game with the landlord.  It’s a ****** up way of doing business.

30 minutes ago, spidermike007 said:

What is the make and model number? How large is the actual filter? It is all about how massive the filters are on these devices. Thanks. 

Mi Air Purifier 2S

https://www.mi.com/th/mi-air-purifier-2s

https://www.jd.co.th/product/xiaomi-mi-air-purifier-2s-pm2.5_3747103.html?utm_source=google&utm_medium=cpc&utm_campaign=_PL:SP_CA:All_KB:SP_BU:All_TE:PMKT_CT:CAT_&gclid=EAIaIQobChMIhb29jov55AIVjh0rCh1oXgLfEAQYASABEgLmf_D_BwE

The filter is made in Japan FWIW

I have been quite happy with mine also.

5 minutes ago, TallGuyJohninBKK said:

 

A 320 PM2.5 for BKK this morning would be HIGHLY improbable, especially in the absence of some immediately proximate pollution source.

This is the place...whatever it is...

Just now, TallGuyJohninBKK said:

 

A 320 PM2.5 for BKK this morning would be HIGHLY improbable, especially in the absence of some immediately proximate pollution source.

I’m not far from what appears to be a refinery (a couple miles) that sometimes has flames billowing from the “smokestacks”.  Maybe I was downwind from it at the time.  Could that possible be why it is?  It literally felt like I was in a cloud of smoke when stepped outside this morning and my eyes were burning upon waking up.  Moving to a beach area is looking pretty nice right about now.

29 minutes ago, TallGuyJohninBKK said:

 

What is the large "320" number on your purifier's digital display supposed to represent?

 

I doubt it's supposed to be a 320 AQI, especially for BKK today. It absolutely could not be 320 micrograms of PM2.5.  It doesn't sound from your comments like it could be the time... So what then?

 

 

 

It’s supposed to be the PM2.5 reading per the manufacturer.  

https://www.mi.com/th/mi-air-purifier-2s

As I said before, I make no claim as to the accuracy.

It’s available in some pharmacies.  They might have to order it.  Protopic brand.

1 minute ago, sirineou said:

That is a good question.

Definitely briefs!!! the ones with the litle door in front. With a Prehensile penis  your pecker could find it's way out and relieve itself all on it's own. 

Though communications have to be establish as not to happen at an inopportune time,such as when you are making an announcement at church. or....... 

I dunno.  I was thinking briefs might be a little constrictive.  Boxers would make it easier to scratch myself in all the necessary areas. 

The important question is...

boxers or briefs?

If they didn’t have some serious looking dude on the container, how would you know it’s “quality” stuff?

Thats why I won’t use Darlie toothpaste.  I don’t trust the guys smile.

21 minutes ago, richard_smith237 said:

Mine shoots up that high if I spray my Deodorant in the room....  but they've been running 10-30 at the moment. 

 

I left the balcony open yesterday afternoon for a short while and it ran shot up to 85. 

 

 

 

Yeah....understood...same things happen to me (leave the door open etc) but this was just coming out of my bedroom into the living room where the AC had been off, doors closed and nothing sprayed.  It just makes me not believe any readings (either my own or the “official” ones) and let my burning eyes be the judge of how bad it is.

I believe that the lack of replies to this could possibly point to the fact that people are getting burned out on having these issues (real or not) shoved down their throat on a daily basis.  Ultimately, it might reach a tipping point where people just say “forget it...I just don’t care anymore”.

18 minutes ago, scorecard said:

Any other members ever requested the letter in English (as well as in Thai for Thai immigration)?

No...not for me.

I think that perhaps you already answered the question with...

2 hours ago, scorecard said:

he's now well over 80 and he gets everything confused

In Bangkok, Phra Khanong...Forgot to turn on my air purifier last night.  Turned it on this morning at 10:00 and this is what I get.  I cannot claim that it is accurate but....