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trogers

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Posts posted by trogers

  1. How is it possible to lend money to people who have little or no tangeable proof of income ?

    The banks are obviously seeing into the future with a higher number of NPL,s coming to the fore, and the good times are finished for them.

    Maybe Thailand has its very own credit crunch on the way - just thinking

    Losses due to NPLs would be higher if banks are forced to update the market value of the repossessed assets still in their books.

  2. No. Elected poloticians are not the bogeymen for every social ill. Too convenient.

    The real problem with education in Thailand are teachers who won't learn more about their craft.

    Well, the real problem - like in many areas - is devastating poverty. You can't speak in abstracts about the future to people who aren't eating or in decent housing in the present, anywhere.

    What? The teachers are in "devastating poverty" ?

    I cannot understand this correlation - the higher the poverty, the higher the % of income spent on lottery and gambling.

  3. I think why too high considering what you can rent for. Example, my current address is 40sqm and 5 million to buy but only 19,000 to rent. That's 22 years + pay back. Huge risk .....

    The huge risk is due to the same building and nearby buildings still having large unsold stocks and unoccupied units.

    You may get similar rental yields in Singapore but capital gain would balance the equation. Not so for Bangkok, or Thailand.

    • Like 1
  4. I drive in to BKK pretty well every morning and home again in the evening, it's really no worse than driving into central London. It usually takes around an hour but it does depend upon what time I travel, nice and early in the morning (6AM) and it's 45 minutes to the office, get it wrong going home (5PM) and it can take up to 2 hours :(

    And we have potable mains water (yes we RO filter it anyway), power that stays on most of the time (mitigated with UPSs and a genset which runs maybe twice a month), a decent concrete road without too many potholes and 2 bin collections a week (not 2 every month like back home).

    There would always be a decision between quality of residence and loss of time.

    People still of working age may not be willing to trade 3 hours a day of travelling time, having to leave home at 6am and reaching home around 7pm. This would mean only 2-3 waking hours in your home on working days.

  5. Think of it this way: Developers are having a near impossible time unloading all the thousands of tiny 30sqm "rooms" which cost about the same as a house in many parts of the USA and Europe.

    Every real estate site is just about overflowing with listings for these house-priced shoeboxes. And from what I keep hearing, for every listing, there are half a dozen they're not listing because they don't want to inundate the listing sites.

    Think about it: They can't sell these things when they're brand spanking new.

    If anyone thinks these "designer" micro-units are going to increase in value when the apartments are 10 years old and the designs are out of style, they have a few screws loose. Plus, take a look at the exteriors of buildings anywhere in Thailand. Buildings don't age well in this part of the world.

    And the good news - they are still launching new projects with these shoeboxes...

  6. I still don't understand why we keep going from drought to flood each year and the Thai's seem to have no idea how to fix this problem. Their answer is always to send their planes into a cloudless sky with their magic powder to make it rain. Why don't they build some water retaining facilities so that when there is a lot of water they can use the trucks that with hoses can suck up excess water and store it in a water plant. When there is a lack of water they can then fill the trucks and send them out to fill the canals and fields. Not a completely silly idea but I guess to logical and of course not something that they think will make money. Oh well at least the Thai's enjoyed Songkran.

    I think there is a low tech name for a water retaining facility. It is called a "reservior".

  7. ...... dust particles and pollutants from vehicle exhausts. Outdoor air pollution is now recognised as a major cause of lung cancer with even intermediate levels of air pollution carrying the same risk as passive smoking:

    http://www.iarc.fr/en/media-centre/pr/2013/pdfs/pr221_Q&A.pdf

    What are you saying? That the source of pollution is from the heavy industry located in Issarn, and its supporting heavy transportation system?

  8. The OP asked about the legal aspects. To my knowledge it is ILLEGAL in Thailand to keep shoes in a common corridor.

    Breaking which law?

    I think you will find that it contravenes most internal condo building regs but they are not law.

    Section 17 of the Act states:

    SECTION 17. The management and use of the common property shall be in accordance with this Act and the rules.

    This ,to me ,implies that the Rules are the law

    You guys are writing as though only one co-owner out of the whole building has a recessed entrance. Get off your butts about designs of condo buildings post 1997 crisis.

    No developers of shoe box units of 30+ sqm would give up a sq inch of saleable area.

    But condos were being bui;lt and sold since the early 80s. And they are primarily much larger units from 120 sqm up.

    What if all units of a condo building have recessed entrances? Which co-owner would tell another he is not allowed to use the recessed space in front of his entrance? Or to sit in this space with his shoulder a couple of feet from the entrance door of his neighbour?

    Recessed entrances in two of my condo units:

    https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xaf1/v/t1.0-9/20968_104111882947789_3264784_n.jpg?oh=66ce1892b1ad427fbbe9742f08e8ffdc&oe=55DFD199&__gda__=1436371084_a8a186f62fe95ddd5f0bb767c53c17d8

    https://scontent-sin.xx.fbcdn.net/hphotos-xfa1/v/t1.0-9/164453_181664618525848_2408073_n.jpg?oh=53e1317b9c598f01599dbe2ef1829905&oe=55A55A67

  9. Do Thai people look to the future ? Buy now ..cant pay in the future

    Thai people look at the future as far as what they gonna have for their next meal. Everything beyond that is taboo.

    It is not only a Thai condition

    Country with highest house hold debt as % of GDP Source: The Economist

    #1 Ireland

    #2 UK

    #3 Canada

    #4 South Korea

    #5 Malaysia

    #6 US

    #7 Thailand

    #8 Japan

    #9 Singapore

    #10 HK

    An important point to consider in comparing the countries above is, what did the people do with monies acquired through debts.

    • Like 1
  10. The only problem I ever encountered, in 8 years, after eating Som Tam, is the burning ring when I go to the toilet.

    As about the "This means people should check well when buying ready-to-eat food too."

    How the heck do you check the food?

    The food will check you out, a little later if no good.sad.png

    Avoid displayed cooked food altogether, esp those being sold at roadsides.

  11. When we come across a condo that has recessed entrance ways, we should understand that the developer had given up some sales area on the request of the designer.

    The intent is to let occupants decorate their entrances, to avoid the frequent comments that the hallway looks like that of a dormitory, or some here called an asylum.

    When the co-owners and the juristic office understand this plus point in their project, they would use it to class up their project.

    I have been through hundreds of Condominium's in Thailand through the design/construction phase until fully occupied 10 years down the line, and i have not once ever ever ever heard of anything like this. Not only would a developer want to keep the doors, corridors uniform, but even less give away saleable space, and even far less would a Thai designer request this of a developer.

    Having worked with many developers every single one of them goes to length to ensure conformity of everything in the entrance/corridors and specifically prevents people having the option of installing anything, even a door bell etc on the outside unless it is of a selected brand/design.

    I have never heard any positive comment about people decorating their own doors, only negative comments because invariably due to different people liking different things its a contentious issue, not to mention technically illegal as its common area.

    I would love to see the reaction of buyers entering a show suite and being told by the developer as a plus point, everyone can decorate their entrances how they likebiggrin.png

    For the OP, unless it specifically mentions it in the rules and regs it is illegal. You have as much right over that space as they do and could park your shoes and belongings there to if you wanted. The problem happens when there is weak management who are afraid to take action, or are simply not bothered about it given leaving your shoes outside is common place here. You might have more luck if you requested your landlord to take this issue up on your behalf. In my experience management companies when dealing with issues like this would look for reasons to avoid having to tackle it head on, and you being a renter will just give them an additional excuse to avoid doing anything.

    And yet you see it in the photo of the OP.

    If you want to see another project with such recessed entrances, visit the Regent on the Park at the end of Soi Sukhumvit 61.

  12. Does anyone know if this law in France that equals Article 44 has since been removed from the French legal framewrok?

    Good question.

    So : the special powers were Granted to Guy Mollet in 1956 :

    http://www.fsmitha.com/h2/ch23algeria.htm

    History shown those special powers accentuated tortures, jail abuses, and finally lead to independance War...

    So dear Prayout-chan, you re still want to raise France as an exemple for this f#king law?

    1956? Ahhh...the world's leading democractic country was busy teaching democracy in the Korea.

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