Buying condo process, deposit first normal?

[Henryford]

2 hours ago, john ianson said:

Why would any sane person even consider buying ANY type or real estate with the situation in Thailand at present !

What situation is that. Probably better than the property boom/bust in western countries. For anyone staying here long time (10+ years) buying a property is a sensible move.

[BritManToo]

25 minutes ago, Henryford said:

What situation is that. Probably better than the property boom/bust in western countries. For anyone staying here long time (10+ years) buying a property is a sensible move.

How do you know they will let you stay here next year?

From the 'Spaniard' thread we see even the Elite VISA can be cancelled on a whim.

Edited February 23, 2019 by BritManToo

[stud858]

31 minutes ago, BritManToo said:

How do you know they will let you stay here next year?

If they lock people out with real estate then the repercussions for government would be too great. It's a self protecting system.

The government makes lots of money from the industry, why would they shoot themselves in the toe.

Of course there may be one unlucky sole coming across problems, but in the whole scheme, the term safe as houses still will apply in Thailand for a long while yet.