bingobongo Posted September 29, 2008 Share Posted September 29, 2008 if you think the #s will have improved for July, August, September........i suggest you put down the yaba and get out of the sun, good luck bagholders numbers are as of June 2008, and given that inflation has worsened, and overbuilding continues, and the LOS government is again about to collapse, the #s will be worse courtesy of thaicrisis.com blog "The total amount of land transactions fell 41 % in june, compared to june 2007, at 32,69 billions THB versus 56,28 billions." http://thaicrisis.files.wordpress.com/2008/09/lands1.jpg http://thaicrisis.files.wordpress.com/2008/09/lands2.jpg Link to comment Share on other sites More sharing options...
midas Posted September 29, 2008 Share Posted September 29, 2008 if you think the #s will have improved for July, August, September........i suggest you put down the yaba and get out of the sun, good luck bagholdersnumbers are as of June 2008, and given that inflation has worsened, and overbuilding continues, and the LOS government is again about to collapse, the #s will be worse courtesy of thaicrisis.com blog "The total amount of land transactions fell 41 % in june, compared to june 2007, at 32,69 billions THB versus 56,28 billions." http://thaicrisis.files.wordpress.com/2008/09/lands1.jpg http://thaicrisis.files.wordpress.com/2008/09/lands2.jpg It is all such a confusing and mixed picture ! In another thread we have TV member " billa " saying that he is still making a fortune selling small condominiums in Pattaya and then we have this graph. But the graph shows there were a number of steep and sudden falls in activity throughout January 05 until now but just didnt reach the level it is at now ? I am not sure it shows the end just yet Link to comment Share on other sites More sharing options...
glyph Posted September 29, 2008 Share Posted September 29, 2008 You're not going to get unbiased stuff (I don't dare refer to it as "information") on a website calling itself "thaicrisis". Regardless, bingobongo, your posted predictions of a crashing Thai real estate market have been unerringly wrong ever since you've joined ThaiVisa. Link to comment Share on other sites More sharing options...
bingobongo Posted September 29, 2008 Author Share Posted September 29, 2008 glyph, is that best you have? credit markets are frozen, cash is now king, but you will learn in due time the folly of your ways remember glyph, 4 walls and plaster will not you love you back, save the emotions for the kids and sad movies, not for investment decisions any idea when the next LOS gvt fails? Link to comment Share on other sites More sharing options...
moo9 Posted September 30, 2008 Share Posted September 30, 2008 if you think the #s will have improved for July, August, September........i suggest you put down the yaba and get out of the sun, good luck bagholdersnumbers are as of June 2008, and given that inflation has worsened, and overbuilding continues, and the LOS government is again about to collapse, the #s will be worse courtesy of thaicrisis.com blog "The total amount of land transactions fell 41 % in june, compared to june 2007, at 32,69 billions THB versus 56,28 billions." http://thaicrisis.files.wordpress.com/2008/09/lands1.jpg http://thaicrisis.files.wordpress.com/2008/09/lands2.jpg What do you expect in this harsh global economy climate. The picture might be the same in all countries. Inflation is mainly imported, the only thing I agree to is the state of the government, but was that ever different in the past? Link to comment Share on other sites More sharing options...
thailand_tom Posted October 1, 2008 Share Posted October 1, 2008 falling prices who cares anyway land not selling..very over priced to begin with for a 3rd world country and foreigners can't own it anyway and you can add condos to that over priced list..that will be next. Link to comment Share on other sites More sharing options...
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