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Driving after dark around Pattaya and Sriracha it is self evident that the new high rise condominiums that have been built over the past 5 years have extremely low occupancies.

 

Advertising for these condos frequently makes reference to ‘rental incomes’.

 

Perhaps people living in these condos are are all out enjoying a social life that leaves little time to be at home.

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Thai "investors", and indeed non-Thais who invest in Thailand, are often extremely naive. Promise them anything and they believe it.

They are also often extremely lazy and will make no attempt to study or understand what is going on. They just accept what they are told.

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