1 hour ago, DrJack54 said:

What!! 

I simply located the link the OP was having issue to find. 

 

    I'm an innocent bystander, too--I just called attention to the article, which I found interesting.  Thanks for posting the working link, by the way.  

8 hours ago, KhunHeineken said:

I worked the math put forward by another member. 

 

The money used to buy a condo, invested elsewhere, even in a bank for interest, which is near zero risk, returns more than the rent, with no property fees, taxes, maintenance costs etc. 

 

I worked this math for a condo that sold in my block a few years ago.  Turns out I was ahead to bank what the guy paid for the purchase price, with the interest more than covering  the rent, leaving the capital untouched.  The money in the bank book pays for the shelter, and then some.  

 

The purchased condo was only a couple of floors down, and had the same aspect.  The condo configuration was the same as the one I rent.  It did not have a high end European kitchen or Italian marble tiles in the bathroom.  The two condo's were "like for like."  The use of all common facilities, Eg. pool, is the same for owners and tenants.  I get all the benefits, without ongoing costs, and the risk and tying up my capital in a Thai property, and the capital is still making more than the cost of the rent. 

 

Given many expat retirees buy their "forever condo" in Thailand, where's the investment?  They are going to die in it one day, so where's the return on investment?  Many leave the property to the Thai missus, and I have no problem with that, but most Thai girls would prefer cash.   For those leaving the condo to their kids, what a mess.  Sure, they know Dad loves Thailand, but have no knowledge of property laws here etc. 

 

You are flipping properties here.  I don't have a problem with that, but just don't dribble on here typical real estate agent BS like, "now is the time to buy" because it's just a hard sell spiel and is not backed up by data. 

     First, kindly don't put words in my mouth that I never said.  And, don't decide to carelessly link me with what some realtor might have told you.  I have never said, anywhere, that 'now is the time to buy'.  Nor have I ever given any 'hard sell spiel' anywhere.  Stick with giving your thoughts and pronouncements, and not deciding what mine are.  

    On the bright side, it took awhile but you finally posted something that I totally agree with. That was, referring to condos, this statement of yours regarding condo owners: "They are going to die in it one day."  

    Yes, indeed, we are.  Got that right.  But, before we die we will be living in either a condo or a house, either our own or one we have rented.  I, personally, want to die in a property I own.  I want to die knowing I've had the wonderful enjoyment of my own space, which I have made exactly how I want it to be, doing whatever I want to do with it because I own it and I have that freedom.  

   Life is short, and the older I get the shorter it becomes.   I want to spend my years on a nice, comfortable electric reclining sofa, that I have picked out, watching my 85 inch tv, holding a cold drink with ice that my high-end refrigertor, in my very nice, well-equipped kitchen, made with the automatic ice maker.

    When I look around, I want to see interesting wall art that means something to me, that I have personally selected and collected over the years, and antique Korean, Japanese, and Chinese furniture that I have collected, and everything with a story to remember.  When I sleep, I want it to be on a comfortable, high-quality mattress I have selected that suits me, not what the landlord chose for it's high concrete count, promising durability through multiple tenants doing lord knows what.

     You asked where the return on investment is with buying.  Everything I just said above is my return on investment, with having my own space to live in, and not the landlord's.  For me, it's a very high rate of return, in lifestyle.   Sometimes, it's not always about the money, at least for some.  And, as I also said in another post, it's not an either/or proposition regarding owning and investing.   There's no reason you can't do both--own property and also have other investments, as I do with a stock market portfolio.  Yes, you are allowed to chew gum and walk at the same time.

     That's me.  That what floats my boat.  You seem happy as a lark with renting, which is fine, too.  I do keep asking myself, though, if you are so happy, why you are constantly moaning and groaning about owning real estate, and why you are so obsessed with knocking it.  Makes me wonder if maybe there might be just a sneaking bit of envy, a sneaking bit of maybe I'm missing out on something.

    You really don't see many property owners posting endlessly, as you have on owning, on why they think renting is bad.  I've said numerous times that renting can be a good option for many, especially in Thailand, and especially if you may just be short-term here.  It's just not for me--and, saying that does NOT translate to me saying everyone should go out and buy a condo--which seems to be your principle take.   Do what floats your boat, but don't moan and groan about someone doing what floats their boat. 

    

    

8 hours ago, KhunHeineken said:

As I am. 

 

On that website, are there 830 properties for sale in Pattaya?  It's a yes or no answer. 

 

On the "Baht Sold" website there are 1,312 properties for sale / rent.  (not sure if allowed to post that link here)  Sure, some may be advertised elsewhere, but not all, so the amount of properties on the market here gets bigger and bigger. 

     You're still not getting it.  Once again, do a check on whatever site you want to use and tell me how many 2 bedroom 2 bath seaview condos in foreign quota with a price less than 8MB are for sale in Wongamat.  Pretend you are a realtor and I am a buyer.  That's the way it works--a buyer is looking for something specific and a realtor tries to find it for them.  It doesn't help if there are hundreds of 1 bedroom non-seaview condos for sale in Jomtien.  That's not what the buyer wants!  Again, not brain surgery!

    It's really no different than if I am a buyer looking for a used Honda CR-V no older than model year 2020.   Telling me that you have located hundreds of 2010 Toyota Camrys would leave me saying, "So what!  That's not what I want!".   And, I am also saying so what to your 1,312 properties.  The figure I am interested in, again, is the number of Wongamat condo's for sale that meet my  above criteria that I can go view.  How many is that???

7 hours ago, Mark1969 said:

Apart from the structure modification aspect, why can't you do that with a rental? I noticed the rentals are usually furnished here. Is it taboo to bring in your own furniture, stuff, etc. (other then just a few suitcases)?

 

It does "feel" like the place needs to be kept as it is in Thailand when I rent. Combine that with someone from the building/landlord coming into clean the place every few days and it downright starts to feel like someone else's space needs to be maintained as it was at move in time.

 

That's very different from the Usa where I'm from, where it is common for a household of things to be moved into a rental making it feel like home rather quickly.

   We usually do structural modification, which is one of the reasons we like to own, but the other is having our own possessions, most of better quality than a typical rental's.  Once you watch an 85 inch tv it's hard to go back to a smaller set--and no, I don't want to lug one around from rental to rental.  Most rentals here do come furnished but you might ask the landlord if he would consider storing his furniture if you have or want to purchase your own.  

20 hours ago, KhunHeineken said:

I worked this math for a condo that sold in my block a few years ago.  Turns out I was ahead to bank what the guy paid for the purchase price, with the interest more than covering  the rent, leaving the capital untouched.  The money in the bank book pays for the shelter, and then some.

What, with the low interest paid on deposits (even FDs) here in Thailand and the deduction of Withholding tax? I struggle to believe that....  I am more inclined to say an older guy need not buy his condo but rent as he can't take a condo  with him. Five million baht will pay a rent of 10,000 for 40 years.  

1 hour ago, jacko45k said:

What, with the low interest paid on deposits (even FDs) here in Thailand and the deduction of Withholding tax? I struggle to believe that....  I am more inclined to say an older guy need not buy his condo but rent as he can't take a condo  with him. Five million baht will pay a rent of 10,000 for 40 years.  

 

I doubt you could rent a 5 million baht condo for 10,000 a month. My condo is about that and it would be 30,000 a month.

16 hours ago, newnative said:

   We usually do structural modification, which is one of the reasons we like to own, but the other is having our own possessions, most of better quality than a typical rental's.  Once you watch an 85 inch tv it's hard to go back to a smaller set--and no, I don't want to lug one around from rental to rental.  Most rentals here do come furnished but you might ask the landlord if he would consider storing his furniture if you have or want to purchase your own.  

The other option seems to be buying new sofa's and mattresses and leaving it in the unit when you leave (easier and cheaper then moving it), assuming the landlord agrees to it.

 

Or, rejecting units that have furniture you don't want to live on for a year. I recently saw one with a sofa that had large piss stains. I did not bother looking at the mattress for stains there...

 

The owner lived in the phillippines and the unit was used as an airbb party pad rental, turned long term rental via an agent. The building staff seemed to coordinate things and just let the place to to hell, except for minimal cleaning between visitors. One of those investment properties that are rented out.

 

Refurnishing the place for free for the landlord and hoping the landlord says nothing when you vacate. Factor that into the rental price.

 

What a hassle...

On 7/15/2025 at 2:54 AM, DrJack54 said:

What!! 

I simply located the link the OP was having issue to find. 

 

Located, assisted, reposted etc.  Same Same.  All good. 

2 hours ago, henryford1958 said:

My condo is about that and it would be 30,000 a month.

Try advertising it for rent at 30k a month and see how many inquiries you get. 

On 7/12/2025 at 10:47 AM, newnative said:

Contrary to the belief expressed by some that condo buildings go crashing to the ground here when they reach the age of 30, I believe all the ones on the list are still standing.  Certainly Garden Cliff is.

   Sticking with Garden Cliff, it is not only the first but one of the smallest condo projects on the list, with just 51 units.

Is Garden Cliff on or near the edge of a cliff? That might be a different kind of crashing down, if you acquire my drift.

 

Anyway, the cure for high prices is (eventually) high prices:

https://search.brave.com/search?q=bitcoin+will+suck+value+from+real+estate+in+thailand&source=web&summary=1&conversation=f7e7c8988751424fd7d8fc

 

Food for thought.

4 hours ago, jacko45k said:

What, with the low interest paid on deposits (even FDs) here in Thailand and the deduction of Withholding tax? I struggle to believe that....  I am more inclined to say an older guy need not buy his condo but rent as he can't take a condo  with him. Five million baht will pay a rent of 10,000 for 40 years.  

Money is invested in my home country, Australia, which is currently paying around 5% per annum.  I managed fund returns even more. 

 

I never suggested the money was in a Thai bank.  I don't even "donate" the 800k to a Thai bank for the extension here.  The return on the 800k in Australia more than covers the cost of the agent, and no need to queue or worry about how many photocopies I have.  I'm most likely on a gold course at extension time, and not in an immigration office.  Of course, your extension only costs 1,900 baht, right?  You don't factor in the losses in interest on the donation of 800k to a Thai bank  But this is for another thread.   

16 hours ago, newnative said:

You're still not getting it.  Once again, do a check on whatever site you want to use and tell me how many 2 bedroom 2 bath seaview condos in foreign quota with a price less than 8MB are for sale in Wongamat. 

You're still not getting it.

 

You want to portray a big segment of the buyers market are looking for a "2 bedroom 2 bath seaview condos in foreign quota with a price less than 8MB are for sale in Wongamat." when they simply are not. 

 

Your property for sale, whilst you would like members to believe will attract a lot of interest, is in competition with hundreds, yes hundreds, of other properties here.   

 

The next thing you will be saying you have the only "seaview" condo for sale on the market. 

On 7/14/2025 at 12:25 PM, KhunHeineken said:

It's not if, just when. 

If the authorities are truly trying to weed out the expat numbers--as some around here claim--then going after any land purchased through a nominee arrangement is the next step to come.

Personally, I wouldn't sleep sound at night knowing  my property is a hostage in the hand of the  Thai government. 

17 hours ago, newnative said:

    Makes me wonder if maybe there might be just a sneaking bit of envy, a sneaking bit of maybe I'm missing out on something.

    You really don't see many property owners posting endlessly, as you have on owning, on why they think renting is bad.  I've said numerous times that renting can be a good option for many, especially in Thailand, and especially if you may just be short-term here.  It's just not for me--and, saying that does NOT translate to me saying everyone should go out and buy a condo--which seems to be your principle take.   Do what floats your boat, but don't moan and groan about someone doing what floats their boat. 

    

    

 

Ever thought he might not be able to afford to buy his own condo and so feels he need to justify why others shouldn't 

 

Lots of naysayers here without a very big pot who secretly would love to own their own place...if only

16 hours ago, newnative said:

On the bright side, it took awhile but you finally posted something that I totally agree with. That was, referring to condos, this statement of yours regarding condo owners: "They are going to die in it one day."  

So, can deceased estate sales be "out of line sales?" 

 

Keep in mind, the Thai missus will most likely returns to Issan, ASAP, and / or the kids back in farangland couldn't care less about Dad's condo in Pattaya?  

 

Now, what about a catastrophic injury / illness.  Think motorbike accident or stroke.  Most would have to return home for free long ongoing medical treatment and / or care. 

 

That money is tied up in a Thai property when they may need it for a care home in their home country.  Just one more thing to consider before buying here.

 

16 hours ago, newnative said:

When I look around, I want to see interesting wall art that means something to me, that I have personally selected and collected over the years, and antique Korean, Japanese, and Chinese furniture that I have collected, and everything with a story to remember.  When I sleep, I want it to be on a comfortable, high-quality mattress I have selected that suits me, not what the landlord chose for it's high concrete count, promising durability through multiple tenants doing lord knows what.

As soon as I moved in to my rental the existing TV got moved to the bedroom and a bought a great entertainment unit.  Huge screen, great soundbar.  Android box and Windows PC attached.  All on a UPS to smooth out electricity supply.  The mattress got donated and I bought my own.  I bought a few sets of new sheets and pillows.  The lounge was near new, but I bought a cover for it  The dining table fine.  All white goods reasonably new and clean.  I use my own internet router to ensure some privacy and security.  I have some family photos scattered around.  I could tell the place had been professionally cleaned.  Everything can go on a ute to the next rental, should the landlord want the property back.

 

You don't need to purchase a property to make it a home. 

 

16 hours ago, newnative said:

There's no reason you can't do both--own property and also have other investments, as I do with a stock market portfolio. 

I have a managed fund, cash at bank, and investment properties, all in Australia, all in my name.  The managed fund is well diversified.  The cash at bank government guaranteed.  The properties insured, and covered by local government town planning laws which ensure a pig farm isn't built next door.  

 

As I have said, I have worked the math for a comparable sale of a condo in my block, and the purchase money, earning interest in my home country, the interest covers the rent and then some, and I have no property costs in Thailand, like fees, taxes, maintenance cost etc, and freedom of movement.  

 

I have posted a link from The Bank of Thailand showing only a small increase in the purchase price of condo's in Thailand in recent time.  It was well under the 5% I get in bank interest. 

 

So, take into account turning the purchase money into bricks and mortar, thus non liquid, thus, losing that money's potential to make more money, then fees, taxes and maintenance costs on the property, then possible property ownership / visa law changes here (risk) then the oversupply of condo's on the market as they keep building more and more, then, the loss of freedom of movement as you are tied to that condo / block and anything can happen within the block, or next door, and not only is it financially beneficial to rent here, but it actually makes no sense to buy here. 

On 7/15/2025 at 4:00 AM, newnative said:

The first two condos we bought in Rayong were also empty shells, though they did have floors.  It did allow you the freedom to do what you wanted with the space. 

Do you think this is the idea of a easy retirement in Thailand for a new expat retiree? 

 

Do you really think they want to involve themselves with construction companies, soon after retiring? 

On 7/15/2025 at 3:47 AM, scubascuba3 said:

I couldn't care less about new builds,

Either do I.  I have no skin in the game. 

 

On 7/15/2025 at 3:47 AM, scubascuba3 said:

anyone buying them is buying at the top of the market,

Correct.

 

On 7/15/2025 at 3:47 AM, scubascuba3 said:

as for dropping rent, some owners will some won't,

Sure, but with so many properties for rent here, it's a renters market.

 

Make an offer, if it's refused, many others may accept the offer. 

 

On 7/15/2025 at 3:47 AM, scubascuba3 said:

there are other reason of course why people prefer buying rather than rent

Sure, I just disagree that it's a good "investment" here. 

 

2 minutes ago, KhunHeineken said:

Sure, I just disagree that it's a good "investment" here. 

 

I never said it was. Many condos are over priced, up to the buyer to get a good deal, I did

On 7/15/2025 at 2:50 AM, newnative said:

I can't be bothered to check.  I'll take your word for it.  Let's say yes.  It's meaningless and you're totally missing the point, and totally wasting my time.  And, you didn't answer my earlier question as to how many of those 830 are 2 bedroom 2 bath seaview Wongamat condos in foreign quota, for less than a certain price I can't remember.  Why don't you take some of your time and go back and read my post that explains why 830 is a meaningless number.

    It's really no different than when I was selling my VW Beetle before I moved to Thailand.  I lived in the Washington, DC area in northern Virginia,

No, it's not meaningless, it's market forces.  Supply and demand.  An oversupply pushes prices down.  A high demand pushes prices up.  There is an oversupply here. 

 

I answered your Wongamat example in another post.

 

It's interesting that you are American.  Would you care to comment on the USA property market during 2008 and the following years? 

 

Of course, no "bubble" here in tourist areas of Thailand, right? 

5 minutes ago, scubascuba3 said:

I never said it was. Many condos are over priced, up to the buyer to get a good deal, I did

Yes, plenty of distressed sales here, as well as an oversupply. 

 

I disagree with newnative that it's a healthy property market. 

42 minutes ago, aBigSmile said:

If the authorities are truly trying to weed out the expat numbers--as some around here claim--then going after any land purchased through a nominee arrangement is the next step to come.

Personally, I wouldn't sleep sound at night knowing  my property is a hostage in the hand of the  Thai government. 

Condo's don't float in mid air, do they?  Think about it. 

34 minutes ago, hunkidori said:

Ever thought he might not be able to afford to buy his own condo and so feels he need to justify why others shouldn't 

I can easily buy a decent condo here tomorrow.  I just do not see any financial benefit for me to do so, and I certainly don't see it in any way, shape, or form as an "investment" and I have posted my reasons, and backed it up with some math, and property market figures on some links.

 

34 minutes ago, hunkidori said:

Lots of naysayers here without a very big pot who secretly would love to own their own place...if only

Maybe, but I'm not one of them. 

 

Why make the topic personal?

 

17 hours ago, newnative said:

You seem happy as a lark with renting, which is fine, too.  I do keep asking myself, though, if you are so happy, why you are constantly moaning and groaning about owning real estate, and why you are so obsessed with knocking it.  Makes me wonder if maybe there might be just a sneaking bit of envy, a sneaking bit of maybe I'm missing out on something.

    You really don't see many property owners posting endlessly, as you have on owning, on why they think renting is bad.  I've said numerous times that renting can be a good option for many, especially in Thailand, and especially if you may just be short-term here.  It's just not for me--and, saying that does NOT translate to me saying everyone should go out and buy a condo--which seems to be your principle take.   Do what floats your boat, but don't moan and groan about someone doing what floats their boat. 

Give me a break. 

 

You regularly start these property threads to talk up the property market, despite data to the contrary. 

 

I have posted that you have a conflict of interest because by your own admission you flip properties here.  You have skin in the game. 

 

You portray "buying" has a good investment, but the only benefit you have put forward over renting is "hanging some Chinese wall art."    Guess what, tenants can hang some pictures as well.  

 

There's no moaning or groaning.  I just don't see buying a property in Thailand in your late 60's as an "investment" and I have posted my reasons, math examples, and some links showing data.  

 

https://www.globalpropertyguide.com/asia/thailand/price-history

 

"The condominium segment experienced a notable deceleration, with price growth slowing from 7.20% year-on-year in Q3 2024 to 2.46% (1.45% inflation-adjusted) in Q4 2024."

 

Notable deceleration. 

 

You are now flipping houses. 

 

"Housing demand in Thailand remains subdued, though early signs of gradual improvement compared to the beginning of the last year are evident. According to the Real Estate Information Center (REIC), the total number of registered residential property transfers across the country during the first three quarters of 2024 reached 250,580 units, marking a 7.4% year-on-year decline."

 

A 7.4% year on year decline. 

 

I particularly found this interesting.

 

"In recent years, however, the percentage of homeowners appears to have been decreasing. A September 2024 article from the Prachachat Business Newspaper highlighted the so-called Generation Rent trend becoming more widespread in Thailand. According to the local experts cited, today's young professionals increasingly don't want to own a home because of pressure from the burden of living costs, coupled with housing prices that are beyond the purchasing power of this group of customers, especially in cities and locations with convenient transportation, such as train lines passing through."

 

Younger Thai's are not even buying property.

 

You are focusing on the "sentimental" reasons for owning, which is fine, but that doesn't make it a good investment. 

 

 

2 hours ago, BeastOfBodmin said:

Is Garden Cliff on or near the edge of a cliff? That might be a different kind of crashing down, if you acquire my drift.

 

Anyway, the cure for high prices is (eventually) high prices:

https://search.brave.com/search?q=bitcoin+will+suck+value+from+real+estate+in+thailand&source=web&summary=1&conversation=f7e7c8988751424fd7d8fc

 

Food for thought.

Garden Cliff is built on what I would call a short bluff overlooking the ocean.  No danger of it crashing into the sea as it's built like a tank, and only 4 stories high.  

On 7/12/2025 at 10:47 AM, newnative said:

Pattaya has a staggering 293 condo projects, according to the report.  Just out of curiosity, I checked Reston, Virginia, the small city where I used to live in the US.  Reston has 67 condo projects.  Quite a difference.  293 projects gives lots of choice, both for buyers and renters. 

Why would you compare a major tourist destination with a population of over 300k and an endless supply of tourists and expats, to a small residential city in the US that no one has heard of? Chinese investors are lapping up these condos. They can't get enough.

 

A new condo building was constructed at my back door during the COVID-19 pandemic, and I predicted they would have a difficult time selling and/or renting them out, as they were being sold for ridiculous prices—251 tiny apartments. I was wrong. They were soon sold and rented out.

1 hour ago, KhunHeineken said:

Do you think this is the idea of a easy retirement in Thailand for a new expat retiree? 

 

Do you really think they want to involve themselves with construction companies, soon after retiring? 

     My goodness you are a careless reader.  If you had read a little further in my post you would have read that I said that new developers, such as Riviera, began offering fully-furnished and fully-fitted turnkey condos.  (Fully-furnished and fully-fitted are two different things, by the way.)  Turnkey means literally that.  You turn the key, enter the condo, and everything has been done for you--the condo is finished completely and all the furniture, and appliances are in place, and sometimes drapes, too.  In many cases you just need to buy a tv, linens, and housewares.  

    I did mention in that post that you can still find empty shells, especially with new houses.  For those not wanting to 'involve themselves with construction companies' they can usually buy a completion package from the developer.   Again, why do you care what a buyer may or may not need to do since you are a confirmed renter?

    

3 minutes ago, JensenZ said:

Why would you compare a major tourist destination with a population of over 300k and an endless supply of tourists and expats, to a small residential city in the US that no one has heard of? Chinese investors are lapping up these condos. They can't get enough.

 

A new condo building was constructed at my back door during the COVID-19 pandemic, and I predicted they would have a difficult time selling and/or renting them out, as they were being sold for ridiculous prices—251 tiny apartments. I was wrong. They were soon sold and rented out.

  In hindsight I should have left out the info on the number of condo projects where I used to live--I was just curious at the difference in the amount of choice available here in Pattaya, vs. what I had there.  Interesting information regarding the new project that was built near you. 

1 hour ago, KhunHeineken said:

Condo's don't float in mid air, do they?  Think about it. 

Darn, you must be a genius, because the meaning of your observation deeply, profoundly eludes me. Oh well...

7 minutes ago, newnative said:

  In hindsight I should have left out the info on the number of condo projects where I used to live--I was just curious at the difference in the amount of choice available here in Pattaya, vs. what I had there.  Interesting information regarding the new project that was built near you. 

My gf works for a major Condo development company. I'm not trying to sell anything, but the scale of some of these condo projects is massive. Take a look at Marina Golden Bay Pattaya, still under construction, just off Theprassit Road. They tap the Chinese market, not for tourists, but for investors.

1 hour ago, KhunHeineken said:

Give me a break. 

 

You regularly start these property threads to talk up the property market, despite data to the contrary. 

 

I have posted that you have a conflict of interest because by your own admission you flip properties here.  You have skin in the game. 

 

You portray "buying" has a good investment, but the only benefit you have put forward over renting is "hanging some Chinese wall art."    Guess what, tenants can hang some pictures as well.  

 

There's no moaning or groaning.  I just don't see buying a property in Thailand in your late 60's as an "investment" and I have posted my reasons, math examples, and some links showing data.  

 

https://www.globalpropertyguide.com/asia/thailand/price-history

 

"The condominium segment experienced a notable deceleration, with price growth slowing from 7.20% year-on-year in Q3 2024 to 2.46% (1.45% inflation-adjusted) in Q4 2024."

 

Notable deceleration. 

 

You are now flipping houses. 

 

"Housing demand in Thailand remains subdued, though early signs of gradual improvement compared to the beginning of the last year are evident. According to the Real Estate Information Center (REIC), the total number of registered residential property transfers across the country during the first three quarters of 2024 reached 250,580 units, marking a 7.4% year-on-year decline."

 

A 7.4% year on year decline. 

 

I particularly found this interesting.

 

"In recent years, however, the percentage of homeowners appears to have been decreasing. A September 2024 article from the Prachachat Business Newspaper highlighted the so-called Generation Rent trend becoming more widespread in Thailand. According to the local experts cited, today's young professionals increasingly don't want to own a home because of pressure from the burden of living costs, coupled with housing prices that are beyond the purchasing power of this group of customers, especially in cities and locations with convenient transportation, such as train lines passing through."

 

Younger Thai's are not even buying property.

 

You are focusing on the "sentimental" reasons for owning, which is fine, but that doesn't make it a good investment. 

 

 

    Again, a poor reader.  This is the first, and only, thread I have initiated in some 12 years as a Thai Visa/Asean Now member.  I have also listed many more benefits than just hanging my own art--you somehow missed all of those, too, with your poor reading skills.   In any case, why don't you just keep enjoying the benefits or renting and I'll just keep enjoying the benefits of owning and we'll both live happily ever after.