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FTI Says Foreign Land Ownership will Stimulate Economy

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How many people would really want to have to invest this kind of money into a Thai bank account

just to be able to get a house in their own name. If I can buy a condo, which does not have a yard 

that has to be maintained, and other expenses attached with getting a house, if I was rich enough, 

renting a house would not be that more expensive, unless I was to be living in Thailand year round,

and that would get boring. Rich people like to move around, since they have the money to do such

things.  Just saying.

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  • ThailandRyan
    ThailandRyan

    Why spend 40 million baht on a half of a Rai of land.  The land can be bought by a Thai for a very cheap price.  This is just another attempt at Dual pricing but to the Nth degree. For that money I ca

  • worgeordie
    worgeordie

    They just can't let go , welcome  to my country where you can buy without restrictions , the excuse they give is that there will be no land for poor people , but it's the rich people here wh

  • It will stimulate something.... more money for those who already have plenty and those in positions of power.

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