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bingobongo

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Posts posted by bingobongo

    Developers By The Dozen

    in Real Estate, Housing, House and Land Ownership

    Posted

    is this really a surprise? i think not

    well at least the real estate business isn't the only thing on "its knees" in phuket...... :D

    Developers by the dozen

    :o Ms McDonnell, from Phuket Andaman Real Estate, said the world-wide financial problems, Thailand´s political troubles and the drop in tourist numbers had brought the local real estate industry to its knees. :D

    http://www.property-report.com/property-ne...amp;date=200409

    My Thai Wife Wants A Divorce

    in General Topics

    Posted · Edited by bingobongo

    I just found out by email last night that my wife wants a divorce. I work in Iraq while my wife, she is Thai, is living with my father in the U.S., she was working on her permanent resident card. She thinks that I am cheating on her but I think she is using that excuse because she wants to go home or is tired of me. Oh well not much I can do from The Sandbox. I tried to convince her by phone and email but to no avail and she knows that I can't leave work now.

    My question is this: we were legally married in Thailand, paperwork and all, and so can I use a thai lawyer to draw up divorce papers? Any ideas on that from anyone? I am flying her back to Thailand next week so I would like to get this ball rolling. Any ideas about where I should look for such a lawyer. Any advice is welcomed.

    We were going to buy land and start building a house in September but that idea seems to have been shot down. I even wanted to own a small business there in the future one day. I will probably have to stay away from Thailand for awhile, which is a shame. Oh well, to be a bachelor again. Don't know what I would do there just being by myself.

    Again, I will take serioisly any good advice and only half-seriously bad advice. Thanks

    By the sound of it she is well shot of you ,,,,,,,reading your post indicates to me and anyone else reading it with more than 2 brain cells you are married to your work not your wife,,,,,,,,,IF you loved her , which by the casual way you are happy to let her go you obviously dont , then you would jack that poxy job in ad live well within your means with work at home. You ask no help here about saving your marriage ,, just how quickly you can get divorced.. Good luck to your missus ,, sorry no sympathy from me.

    so how long have you been castrated?

    Sales Could Dip 10 Per Cent

    in Real Estate, Housing, House and Land Ownership

    Posted · Edited by bingobongo

    oh the humanity!!!

    maybe if they promise rainbows and stunning views of the soldiers in the streets and mechanized parades, that would help? so the property becomes a capital trap......... :o

    oh it may help with the denial but not the reality

    i cant wait to see how the real estate monkeys spin this one.....spin monkeys, spin :D

    OUTLOOK FOR THE YEAR

    Sales could dip 10 per cent

    http://www.nationmultimedia.com/2009/04/20/business/business_30100784.php

    Thailand's Credit Rating Under Threat

    in Jobs, Economy, Banking, Business, Investments

    Posted · Edited by bingobongo

    get ready hhgz, its coming............ :o:D:D

    who are you going to sell/rent to? you can always rent out all those empty condo balconys to tourists and foreign news correspondents to get great photos of the turmoil, or as long term rentals for the redshirts and soldiers, i am sure they will enjoy the free air conditioning and upgrade in standard of living

    Thailand Stocks Face Foreign Selling Amid Unrest, Faber Says

    :D "The current political situation means that less foreigners will invest in the country and that portfolio managers may actually be sellers of equity," Faber said. "I don't see any near-term solution." :D

    http://www.bloomberg.com/apps/news?pid=206...&refer=home

    Thailand's Credit Rating Under Threat

    in Jobs, Economy, Banking, Business, Investments

    Posted

    time to make some more money kiddies (as I did when the SET fell from 800 to sub-400), so get your trading skills ready, it is as easy as an expat getting a b.....well no need to be vulgar

    as long as the LOS farce continues, making money will be easy

    here is a special morsel just for you HHGZ related to property......enjoy, given you still have not grasped the concept of a "capital trap" :D

    Thailand's credit rating under threat

    :o Risks to property developers are also increasing and investors face the prospect of becoming "stuck" in these "fairly illiquid" stocks, CS said. :D

    http://livenews.com.au/business/thailands-...009/4/14/202699

    How Much Will This Political Crisis Cost Thailand

    in Jobs, Economy, Banking, Business, Investments

    Posted

    After the tsunami, the average BKK property price drop was 0%. After the removal of Thaksin, the average BKK property price drop was 0%. After the yellow shirt demonstration, the average BKK property price drop was 0%. After the red shirt protest, I predict that the the average BKK property price drop will be twice as much.

    you silly sod, you forgot to include the baht devaluation that is coming, opportunity and real cost to maintain empty units, and the inability to sell at all......viola, a capital trap, so there is in fact a "drop", so you might as well......oh never mind :o

    World's Gloomiest Countries

    in Jobs, Economy, Banking, Business, Investments

    Posted

    hi hhgz,

    since you have such great vision and business acumen, maybe you should consider the red "parade" a good thing for Thailand's rankings, so perhaps the following:

    1) tanks/armored car rides for the kiddies

    2) helicopter rides for world leaders

    3) red shirt/yellow shirt distributorship to stay one step ahead of current trends

    4) photography business specializing in smiling soldiers and their weapons

    5) empty condo balcony ticket sales to get birds eye view of the Bangkok mechanized parade

    that should help with the ranking but not so much with the denial

    Property Over The Next Two Years Let Us Forecast.

    in Real Estate, Housing, House and Land Ownership

    Posted

    hi livinginexile, now that the red "parade" has begun, i was thinking of some business options for all those empty Bangkok condos, please feel free to add....

    1) weapons storage

    2) longterm stay for redshirt protestors who need a place to freshen up

    3) longterm stay for soldiers who will are unable to get rest in their tanks, personnel carriers etc

    4) stunning views for foreigners hoping to get a glimpse of the colorful and mechanized "parade"

    5) place for tourists who are unable to leave once the airport is closed again

    6) access to heliopads for state/foreign digniatries for helicopter rides

    7) storage for fuel drums once the price of oil/gas begins climbing again

    8) storage for all the hard curency/gold/silver once the capital flight begins

    9) rental of tank and armored personnel carrier parking spaces subsidized by the government

    let me know of any other condo investment ideas so i can be sure to write a check.

    thanks, your humble bongo

    Property Over The Next Two Years Let Us Forecast.

    in Real Estate, Housing, House and Land Ownership

    Posted · Edited by bingobongo

    In good old Mission Impossible Style - this thread will self destruct in two years (plus a little time to debate and hopfully allow us to start up a new thread :D )

    In two years from this date

    2009-02-19 10:31:50

    Deleveraging, deflation, over supply, collapse of demand, down is the trend. Oh yeah, and what should matter most values that are not sustainable at current income levels.

    The Orleander may look finished but it is not really close. I assume the developer is either out of money or come to grips with economic reality. The building is probably 10% occupied and the remainder of the units are vanilla shell condition. They have not even completed the common areas on some floors. Feel sorry for the people that bought there. They cannot even keep the pool clean!

    I am still trying to find an class A building in Bangkok as most of the finish work appears to fall considerably short. Makes me wonder about the quality of structure. I am sure they are for the most part OK but if you think it cannot happen google Harmon las vegas construction defect. How to turn 49 stories into 29 or less. Well at least they caught this one. Cash strapped developers seeing negative returns will go cheap and cut costs when possible. Sometimes legally and sometimes not. As a rule I would not buy anything currently under construction now as I am not at all familiar with construction defect laws in Thailand but I would assume they are not strong.

    Is this you bingobongo? :D

    This "new member" sounds exactly like you, same old doom and gloom you have been posting for years :o

    It is isn't it? its you in disguise. :D

    sorry there a**hat, no alias from me, i was right in 2007 when i called the 50% haircut on the SET and made more money in the past 2 years than you made in your last 10, doom and gloom? no, i just call it like it is and made a bundle (sorry your denial made you poorer)

    aren't you the same clown who wanted to invest 3 million baht on another thread? here is a business idea, why dont you sell front row seats from all those empty Bangkok condo balconies so that way folks can get a front row seat of the red and yellow "parade" about to begin.........that should be a selling point in your glossy brochure

    oh well, you will soon be seprated from that as well, either by a lack of business or the baht about to head over the cliff

    by the way, how will you spin the evacuation of ASEAN members via helicopter? spin monkey, spin

    don't hate me livinginthethirdworld becasue i know how to play the stupidity of LOS whereas you (and your family) are a victim of it :D

    In Thailand, Russian Buyers Have ‘disappeared’

    in Real Estate, Housing, House and Land Ownership

    Posted

    "what happened in the past-not relevant..."

    Gosh, midas, that's the first time I've ever read that from you. The majority of your posts seem to whine on about the past real estate problems, and how the "notorious defective condo laws" are going to make it worse.

    Just as night follows day, you, bingobongo and thinktoomut (and many many others) believe anything in print that's remotely negative about the Thai real estate market. However, if the same person says anything remotely positive about the real estate market, you and the others brand it as a lie. Yes, we know you lost a bundle in the rash of the Australian real estate market, and you think it's only "fair" that Thialand feels your pain too.

    keep trying hhgz, you and the other bagholders can live in denial for only for so long (at least until the credit/debt/money run out)

    this image provides a good likeness of the real estate bagholders......

    post-41241-1238813279_thumb.jpg

    3 Years For Some Property To Clear

    in Real Estate, Housing, House and Land Ownership

    Posted · Edited by bingobongo

    and some donald trump wannabes will actually think this is a good deal.........

    does being stupid make you poor, or does being poor make you stupid?

    so much for a "booming" real estate market

    Siam Real Estate Introduces Easy Buy Terms for Property

    :o In these difficult economic times during which foreign buyers have less equity and financing is problematic, a deferred payment arrangement can ease the sale. :D

    http://www.pr.com/press-release/138880

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