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MonkeySee1

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Posts posted by MonkeySee1

  1. Despite not even living in Thailand a friend helped me sort a thai bank account with a couple of term deposits, a current a/c with debit (atm) card and a credit card.

     

    At the branch he wanted to know the whereabouts of someone who he knew to bank with that particular bank and who owed money money. The clerk opened her account details and swivelled the screen round so he could make a phone pic of the screen showing recent transactions whilst the clerk went off for a few moments.

    I was more amused than surprised 

  2. I'd imagine that relatively few of the tourists who rent apartments or villas would want to stay in a thai hotel. I'd just holiday in Bali rather than Phuket. There's little to choose between the two places.

    The biggest impact will be on property investor confidence. Condos were sold (certainly in Pattaya) on the back of holiday rental incomes. Take that away and you're left with nothing more than an empty slave box. I wonder how many of the slum villa type moo bans will suffer - many of these units are rented out by on site management companies. How many have hotel licences?

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