Jump to content

Recommended Posts

Posted
13 hours ago, Tod Daniels said:

@Unown Umm, did you manage to make it back into the country or what?

Thought you were going to post back 

if he did not back here that mean  he came back easily

  • Haha 1
Posted
On 6/22/2025 at 11:10 PM, oldcpu said:

When large numbers of people from higher-income / wage countries stay in a less wealthy foreign country more-often / longer they  can drive up prices such that locals can not afford local items.  Hence there needs to be a controlled balance. 

If foreigners are allowed to do things like buy land, it can be a huge problem.  I have seen this 1st hand, in other locales. 

But, Thailand has a large market-sector devoted to this, and have safeguards in place to minimize the downside.  Yes, prices are inflated in tourist-areas, but go a few KM away, and a meal (for example) is a fraction of the cost.  In Thailand, more higher-wage country visitors = more jobs and wealth flowing into the country.

Posted
2 hours ago, Rob Browder said:

If foreigners are allowed to do things like buy land, it can be a huge problem.  I have seen this 1st hand, in other locales. 

But, Thailand has a large market-sector devoted to this, and have safeguards in place to minimize the downside.  Yes, prices are inflated in tourist-areas, but go a few KM away, and a meal (for example) is a fraction of the cost.  In Thailand, more higher-wage country visitors = more jobs and wealth flowing into the country.

 

I agree with that.  ... Although I add foreigner's buying condos in more than just tourist areas, has, in my opinion, driven up the condo pricing higher than it would otherwise be, making such more expensive for the average Thai. 

 

And yes, leave the tourist areas, and leave the big city areas where many foreigners reside, and prices drop.  I do note thou that tourist areas are typically tourist areas due to something there being attractive to people. It can mean that Thai will pay higher prices in those areas (and locations close to those areas) if they also wish to participate / enjoy many of the 'attractions' due to the higher prices tourists will pay. 

 

Hence I still believe there needs to be a controlled balance.   As you note some safeguards, such as foreigner's not legally being allowed to buy land, are in place, and condominium's having a 49% max foreigner purchase (of condo units) in place.  I for one would be happy to see that 49% increased to 50% ... but as the saying goes, this is Thailand.. 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...