bingobongo Posted March 4, 2009 Share Posted March 4, 2009 who were the "geniuses" who said LOS was immune? oh yes, now i remember shall we recap as to which areas are feeling the effects of the downturn and wil continue to do so as more oversupply comes on line? Bangkok - check Pattaya - check Phuket - check Samui - check (insert other LOS area here) - check http://www.property-report.com/property-ne...amp;date=020309 Link to comment Share on other sites More sharing options...
donx Posted March 4, 2009 Share Posted March 4, 2009 who were the "geniuses" who said LOS was immune? oh yes, now i remembershall we recap as to which areas are feeling the effects of the downturn and wil continue to do so as more oversupply comes on line? Bangkok - check Pattaya - check Phuket - check Samui - check (insert other LOS area here) - check http://www.property-report.com/property-ne...amp;date=020309 The entire world - check And that includes practically any form of investment. Link to comment Share on other sites More sharing options...
thaiwanderer Posted March 4, 2009 Share Posted March 4, 2009 (edited) ''.......Samui´s reputation as a luxury destination has been cemented'' lol ''As the economic crises continues to deepen the gap between expectations on price are becoming more evident, though property values are holding due to limited leveraging by investors.'' - so, property is worth more than people are willing to pay??? - often repeated fallacy, no incountry leverage = no leverage Edited March 4, 2009 by thaiwanderer Link to comment Share on other sites More sharing options...
Boater Posted March 5, 2009 Share Posted March 5, 2009 trouble is the market is to overpriced in Samui.... and with the pound where it is it makes samui alot more expensive... Link to comment Share on other sites More sharing options...
yabaaaa Posted March 5, 2009 Share Posted March 5, 2009 Whats Bingo going to do all day when the economy picks up?? Link to comment Share on other sites More sharing options...
quiksilva Posted March 5, 2009 Share Posted March 5, 2009 Start calling a recession again and then two, three, five or ten years hence say look I told you so when it takes a dip. Link to comment Share on other sites More sharing options...
CaptHaddock Posted March 12, 2009 Share Posted March 12, 2009 Start calling a recession again and then two, three, five or ten years hence say look I told you so when it takes a dip. A dip, eh? Link to comment Share on other sites More sharing options...
bingobongo Posted March 14, 2009 Author Share Posted March 14, 2009 who was the "genius" who said that Lehman would swoop in and save some of the Bangkok concrete shells? oh yes, now i remember who it was, some people would not know an asset from their own arse Samui in firing line as Lehman liquidators prepare asset disposal http://www.property-report.com/property-ne...amp;date=250209 Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now