I used to agree with you, but now I don't and nor does my Thai family. In my view reciprocity does not apply when the GDP per person is much lower here than in more developed countries. But even then, look at the ridiculously high house prices in say London which have crowded out the locals. I would be concerned about the Chinese buying up property here, as they have done for condos which I think has contributed to the high condo prices these days.