That's the way I see it. Genuine competition in the region now, particularly from Vietnam, who will announce their long stay visa deal in the near future. The Thai's have painted themselves into a corner. The Thai company nominee ownership of land got out of control, so has the use of agents. To crackdown on these, at a point in time when a neighbor/s is throwing out the welcome mat puts them in a difficult position. One one hand, they want to crackdown and not lose face, but on the other hand, they don't want this demographic, but more importantly, their money, to leave. As usual, Thailand can't have farang money, without the farang. They have never understood this. Yes, grab the popcorn. It's going to be funny watching Thailand compete, when they have never known how to compete, because they have always thought the tourists, and retirees, would just keep coming. 😂 😂
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