Thai Concerns Over Property Boom

[Aussie]

It's not only the property market, it's the whole economy. Thailand needs exports but transport is subsidzed by the government, without its help Thailand's export prices will go up as they have never learned to produce competitively by themselves. The Thai governmnet shouldn't keep its people by the hand anymore, time to grow up.

But that in a country where the PhD in criminal justice needs the uneducated to keep himselves in power, it's worth it to keep them uneducated then...

[ovenman]

Interestingly in this thread, there have been no arguments for the defence i.e. that everything's fine and it's just silly farang faithlessness in the strengths of the Thai economy saying that a crash is inevitable. Very different from a year ago, when the lines were split about 50/50 between believers/doubters.

Perhaps the eternal optimists have simply grown tired of hearing us natural-born cynics whinge...?

[plachon]

Interestingly in this thread, there have been no arguments for the defence i.e. that everything's fine and it's just silly farang faithlessness in the strengths of the Thai economy saying that a crash is inevitable. Very different from a year ago, when the lines were split about 50/50 between believers/doubters.

Perhaps the eternal optimists have simply grown tired of hearing us natural-born cynics whinge...?

P'raps, or they're too busy squirreling away their assets in safe havens like the CICs & generals do when they know the shit is about to hit the proverbial pad lom.

And wouldn't life be boring if everyone held the same views? so come on optimists, come out of hibernation, down from your 5 M condos or answer from the Cayman Islands or wherever it is you go, and tell us we're imagining the whole thing. Even Sunbelt Asia who usually has something worthwhile to contribute, is unusually quiet on this one.??

[Aussie]

Even Sunbelt Asia who usually has something worthwhile to contribute, is unusually quiet on this one.??

Sunbelt Asia is too busy, I sent them three mails with a request for information about one particular business and they don't even bother to reply.

[JimmyGreaves]

Same here. No reply from them now for 3 days.

Business must be good!