Picture: Thai Rath 

 

Thai Rath had a feature that suggested foreigners - especially potential Chinese and Russian condo buyers - were desperate to come to Thailand to snap up property.

 

They wanted to make Thailand their "second home" they suggested after a survey was carried out. 

 

When the Covid-19 situation in the country was sorted the floodgates would open, they reported. 

 

They had a picture of an unidentified westerner with wads of dollars.

 

Some restrictions have been eased and incentives are in place with the hope that foreigners will bolster Thailand's lagging real estate sector especially in tourism places like Pattaya, Chiang Mai, Phuket as well as the Thai capital Bangkok. 

 

-- © Copyright Thai Visa News 2021-05-24

 

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The daily RE pump and dump article.

I would imagine this is quite true.....for anyone with the cash they must be eying opportunities here......advertised prices might stay steady but negotiated prices must be way down.

22 minutes ago, webfact said:

after a survey was carried out. 

As dodgy as the picture above. 

looks like some propaganda spin to the survey reported today.

I do remember TAT estimate of 6mln brits visiting thailand in 2021. 

 

 

Know quite a few Expats who were forced out because they couldn't meet the Visa requirements even though they had family and or property here.
My advise is sell up and rent you never know when this government will change the requirements and kick you out.

If they were that desperate, they would do the 14-days and get ahead of the pack.

 

There will always be some demand, but I'm not sure "floodgates" will necessarily open...

5 minutes ago, DirtyHarry55 said:

and rent

100%.........you have to be mental or have money to burn if you buy.

Edited May 24, 20215 yr by Surelynot

 

This image really lends the article a touch of trustworthiness. Well done, Thai Rath!

This is one article where I can agree....I will make Thailand my second home, but I will not buy a Condo....that is not a good investment.

56 minutes ago, webfact said:

When the Covid-19 situation in the country was sorted the floodgates would open, they reported

Oh heavens, wishful and hopeful are the Thais...

1 minute ago, Taboo2 said:

This is one article where I can agree....I will make Thailand my second home, but I will not buy a Condo....that is not a good investment.

Financially it might be a good investment, but there are so many unknown factors that come into play it certainly isn't a "sound" investment..........politically unstable, financially unstable, changing laws, anti-foreign (or anti-farang) sentiments..........and tied to a property you might not be able to sell.............renting is a no brainer.

7 minutes ago, Taboo2 said:

This is one article where I can agree....I will make Thailand my second home, but I will not buy a Condo....that is not a good investment.

 

Always depends where you buy, one of mine has doubled in price in 15 years, didn't initially buy it as an investment, rather somewhere to live where I liked and not to throw away money by renting.

 

Having your own condo to live in also keeps you off ' the landlord wont pay back my deposit, what shall I do?' threads. ????

Is only for people desperate to live under dictatorial regimes ready to go to a country scam as shown in the photo.

34 minutes ago, DirtyHarry55 said:

Know quite a few Expats who were forced out because they couldn't meet the Visa requirements even though they had family and or property here.
My advise is sell up and rent you never know when this government will change the requirements and kick you out.

Couldn't meet the visa requirements?? Surely if they could afford to own property here they'd have  no problem paying  a visa agent to help them  out. 

It already is my first home.

3 minutes ago, Daithi85 said:

Couldn't meet the visa requirements?? Surely if they could afford to own property here they'd have  no problem paying  a visa agent to help them  out. 

Not always true.

Your second home ......... but you are not allowed to visit it.

It's a complex statement, why now and why only Chinese or Russian survey and not other countries? why now where Covid is everywhere and everyone is affaid and confused, i say this article is just blowing smokes up someone ares just for fun...

Edited May 24, 20215 yr by ezzra

Give'er, LMAO!

1 hour ago, webfact said:

Thai Rath had a feature

When was this feature? I can't find the original. 

1 hour ago, DirtyHarry55 said:

Know quite a few Expats who were forced out because they couldn't meet the Visa requirements even though they had family and or property here.
My advise is sell up and rent you never know when this government will change the requirements and kick you out.

I know a lot who used visa agents. If you don't qualify, you simply go to an agent and pay 20,000 baht for a year. 

I don't believe anyone with property here is going to leave for visa reasons, they are so easy to get here.l 

23 minutes ago, ThailandRyan said:

Not always true.

Any examples? 

1 hour ago, webfact said:

Weird. Picture looks like the guy's playing cards with money. Let's hope it's not a subliminal message to casino operators and others in need of money laundering opportunities that Thailand's open for business.

 

Edited May 24, 20215 yr by Gecko123

Oh goody!!!

 

They can buy my place then I can get the hell out of here again.

 

I am as far from "anti-Thai" as you can get, but I am so ingrained in what Thailand was like before that the newer version doesn't quite do it for me anymore. I will miss it but for everyone who leaves at least two will replace us.

Caution!  Property might be cheap to buy, but will it be easy to sell whne you need to get out?

You could make a set of floodgates perfectly adequate to control this "flood" out of half a dozen lolly sticks and a pot of 7/11 white glue!

Is this the same as "Mia noi/ second wife"?

 

You never know when they kick you in the face.

20 minutes ago, Neeranam said:

When was this feature? I can't find the original. 

1984

Corrupt Chinese officials and Russian mafia. Thai definition being quality investors.