Concern for real estate industry as COVID-19 spreads among construction workers

[snoop1130]

 

The Thai Real Estate Association and related agencies are discussing ways to control the spread of COVID-19 among construction workers, amidst rising concerns that it could delay construction of many buildings, which will lead to an increased contraction of the real estate sector.

 

Thailand’s real estate construction is worth an average of 1 trillion baht each year. Therefore, the COVID-19 pandemic, which has put most construction work on hold, will eventually further contribute to the country’s economic slowdown, said Patai Padungtin, CEO of the Builk One Group.

 

Mr. Patai feels that the government should help small contractors to verify information on their construction workers’ whereabouts, using the Thai Chana app, while contractors should reduce the number of workers on site.

 

Full Story: https://www.thaipbsworld.com/concern-for-real-estate-industry-as-covid-19-spreads-among-construction-workers/

 

-- © Copyright Thai PBS 2021-05-24

 

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[Caldera]

If that industry paid their workers decent wages, they wouldn't need to live in shacks or dorms, which are ideal environments for the virus to spread. That's where any "concern" should be directed to, the slave-like conditions.

[connda]

1 hour ago, snoop1130 said:

The Thai Real Estate Association and related agencies are discussing ways to control the spread of COVID-19 among construction workers, amidst rising concerns that it could delay construction of many buildings, which will lead to an increased contraction of the real estate sector.

What's more important?  Human life or real estate construction deadlines and money? 
That's an easy question.   It's always "Money is the most important!"

[Justgrazing]

1 hour ago, snoop1130 said:

 

The Thai Real Estate Association

 

said the property market is really in a state ..

[ukrules]

1 hour ago, snoop1130 said:

amidst rising concerns that it could delay construction of many buildings, which will lead to an increased contraction of the real estate sector.

 

Surely restricting the supply will lead to increased prices and demand ????????????

[RotBenz8888]

Must be a huge number of unemployed Thais, but that kind of job would ruin their manicure... 

[Denim]

No need to read between the lines on this one.

 

Never mind the low wages and poor living conditions !!

 

How can I sleep tonight knowing that the siblings of the directors of the big construction firms here, might have to wait a month before dad signs of on that new Mercedes Benz.

 

Those selfish Burmese and Cambodian construction workers really have a lot to answer for.

[Surelynot]

Absolutely no concern whatsoever for the construction workers per se..........just the impact their ill health will have on profits...........and people wonder why there are socialists in the world.

[Rampant Rabbit]

11 hours ago, Caldera said:

If that industry paid their workers decent wages, they wouldn't need to live in shacks or dorms, which are ideal environments for the virus to spread. That's where any "concern" should be directed to, the slave-like conditions.

From my experience they have little  care for their environment and often live in total  dumps, throwing their  garbage right outside their tin shacks. They really don't  care at  all what they  live in, they travel around where the work is, all they need is a roof  over their head be it tin or bamboo they usually construct these themselves. If you give them a nice new  clean accommodation they simply  do  not take  care of it for the most part and it's  left a dump.

[bojo]

21 minutes ago, Rampant Rabbit said:

If you give them a nice new  clean accommodation they simply  do  not take  care of it for the most part and it's  left a dump.

Not sure about your quote here, a bit harsh really.................Personally, I haven't ever seen any examples of construction workers being given 'nice clean new accommodation' in the first place ................. I suspect if they weren't continually following that subsistence living and trapped in an endless cycle of 'corrugated shacks ' that they might well have a greater sense of cleanliness and pride..................

[bradiston]

1 hour ago, Rampant Rabbit said:

From my experience they have little  care for their environment and often live in total  dumps, throwing their  garbage right outside their tin shacks. They really don't  care at  all what they  live in, they travel around where the work is, all they need is a roof  over their head be it tin or bamboo they usually construct these themselves. If you give them a nice new  clean accommodation they simply  do  not take  care of it for the most part and it's  left a dump.

"From my experience"? And what would that be?

[Peterw42]

1 hour ago, Rampant Rabbit said:

From my experience they have little  care for their environment and often live in total  dumps, throwing their  garbage right outside their tin shacks. They really don't  care at  all what they  live in, they travel around where the work is, all they need is a roof  over their head be it tin or bamboo they usually construct these themselves. If you give them a nice new  clean accommodation they simply  do  not take  care of it for the most part and it's  left a dump.

How could you possibly know this ? Do you regularly visit construction camps ? Have they ever been provided with new clean accommodations ??

[Rampant Rabbit]

24 minutes ago, Peterw42 said:

How could you possibly know this ? Do you regularly visit construction camps ? Have they ever been provided with new clean accommodations ??

Yes Yes and YES  clean accommodation has been totally trashed, they really don't  care for clean at  all, 99%  of construction workers  wil build their own shanty town onsite. They have zero inetrest in their  accommodation.

[Rampant Rabbit]

44 minutes ago, bradiston said:

"From my experience"? And what would that be?

Would you believe the construction industry in the UK and Thailand.

[bradiston]

1 minute ago, Rampant Rabbit said:

Would you believe the construction industry in the UK and Thailand.

No I wouldn't. It would beggar belief that such opinions were held by any professional in any industry. 

[Rampant Rabbit]

1 minute ago, bradiston said:

No I wouldn't. It would beggar belief that such opinions were held by any professional in any industry. 

Ah but you see I didn't say it was  right I'm  telling you  how it is. Believe what you want.

[JimHuaHin]

Clearly the The Thai Real Estate Association and the Thai construction industy did not learn from the large outbreak of COVID-19 in Singapore's migrant workers' housing last year.

 

If we look back at Thai history, even from before the foundation of the Chakri Dynasty, Thailand has had a long long history of using slave labour, a practice which openly continues to the present time in many Thai industries.  All the Thai businesses in these industries, owned and controlled by very devote Thai Buddhists I am sure, are now enjoying the karma of their greedy selfish exploitive actions.

[zyphodb]

10 hours ago, RotBenz8888 said:

Must be a huge number of unemployed Thais, but that kind of job would ruin their manicure... 

If they paid a decent wage Thais might start doing the jobs...

[hotchilli]

14 hours ago, snoop1130 said:

The Thai Real Estate Association and related agencies are discussing ways to control the spread of COVID-19 among construction workers, amidst rising concerns that it could delay construction of many buildings, which will lead to an increased contraction of the real estate sector.

Such compassion is heart rendering.

[hotchilli]

12 hours ago, ukrules said:

 

Surely restricting the supply will lead to increased prices and demand ????????????

NO..... build build build the Russians are coming.

[bradiston]

1 hour ago, Rampant Rabbit said:

Yes Yes and YES  clean accommodation has been totally trashed, they really don't  care for clean at  all, 99%  of construction workers  wil build their own shanty town onsite. They have zero inetrest in their  accommodation.

More than likely because they will be charged for it via a reduction in their already pitiful, depleted wages. This is common practice. The minimum wage is set, for example, 331 in Bangkok, 336 in Chonburi. That should amount to roughly 10,000 pm, but how many migrant workers actually receive that? Or even Thais, come to that. From my experience, living in an area with many Cambodian and Burmese migrants, their real wages are from 5-7,000 pm. The rest mysteriously disappears in accommodation and food, probably completely unregulated at that point. And this doesn't even begin to address the racist attitudes of the Thais to their neighbours. Ever heard a Thai talking about the Khmer or the Burmese? Untermensch would best describe it.

[Darkside Gray]

Might do something about the unsold apartment glut in Thailand's big cities!

[Enzian]

At this stage how do the money people and the developers even make rational decisions about what projects are needed and will make roi at some point and what proposals will not? I'm sure with some projects there is a point of no return whereby no matter what the burden it's better to push on and finish rather than abandon; but with things still in the development stage how can they decide right now? In order to project future need they have to assume some sort of return to normal, a big assumption. 

As for the virtue or non-virtue of the poor, it's a very mixed bag, as with many other things. I do wish they and their masters cared more for the environment.

[bradiston]

1 hour ago, Enzian said:

At this stage how do the money people and the developers even make rational decisions about what projects are needed and will make roi at some point and what proposals will not? I'm sure with some projects there is a point of no return whereby no matter what the burden it's better to push on and finish rather than abandon; but with things still in the development stage how can they decide right now? In order to project future need they have to assume some sort of return to normal, a big assumption. 

As for the virtue or non-virtue of the poor, it's a very mixed bag, as with many other things. I do wish they and their masters cared more for the environment.

I think if the budget is there then completion is far preferable to abandonment. I've watched several really large blocks being finished over the last 6 months here in Pattaya. They look extremely attractive finished articles, I have to say. On the corner of Diana and Second Rd and near the junction of 3rd and Klang. Things will change. And who knows how the market will evolve? There are always buyers at the right price.

[sammieuk1]

Everything in real estate has a simple solution just put the price up????

[starky]

Yes the real estate industry losing coin thats what we really need to be concerned about atm. 

[chilly07]

The lack of a slow down in construction has more to do with the normal construction cycle being 5yrs plus rather than the Wuflu pandemic. Last time the baht crashed most projects stopped and were left unfinished. However the profits on current contracts have already been split and the monies safely banked outside the country so work will continue till phased contract completion and mothballed. Having the real estate world lobbying for more vaccines might just might galvinise the 'politicians' into action as they also undoubtedly have 'investments' in it! 

[Rimmer]

A misleading/troll post has been removed