I appreciate you honest assessment. It's completely different to that of our resident illegally working real estate agent. So, even if less that what you paid, still a pay day, if / when it sells. What Newnative would like readers to believe is it has appreciated. You have said she'll get back what you paid, so where's the investment? Why bother buying it in the first place? You money invested elsewhere would have paid for the rent on the exact same property, and more, and you can leave her cash, no headaches. I could post a lot more links, but they are all on the first page of Google. So, are the below credible sources? Is it fake news? Are they lying? https://www.nationthailand.com/business/property/40067231 https://oceanwwp.com/thailand-housing-market-fourth-year-decline/ https://www.thaienquirer.com/70100/thailands-condo-market-hits-decade-low-as-transfers-lending-and-new-launches-slump/ You are misquoting me. The proposed changes to Australia's 90 year old tax residency laws have not been passed into legislation yet, however, in my opinion, it's only a matter of time before they will be. Currently, I, and aged pensioners, slip through the net. When Australia moves to a physical presence and time based tax residency model, similar to Thailand, things will change. BTW, that tax is not 32%. It's 30% from $0 to $135,000.