Realestate

[FarangFatal]

[i know that in LOS when business is slow they just raise the prices.. Farang punter stuff. However, I have been in contact with two brokers and claim that condo/house rental and purchase prices are headed down but expect to see more draw backs in the first Q. of 2009. BOTH had the same story... Sellers and people who have rental property are at the line and will need some income. The key info, they say, was watch to see how many go from 4 Sale to 4 lease 6+ months. I replied as to would there be better prices for a 12 month contract and both thought there would be no differance... Seems owners are getting hungry as the tourism is slow and the migration for retired folk is on a noticable slowdown atleast or greater than punter with a projected greater decrease in people moving rather that just holiday!

Any body noticed rent/buy prices down... Ya can't always go just the number of empty bar stools but that does rate some merit!

Edited December 30, 2008 by soundman
Removed off topic picture.

[soundman]

Moved to Real Estate forum.

[FarangFatal]

Pattaya specific.......... can we move this back to the town of interest! Not general info, Pattaya specific