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38
The waitress said I had 4 beers, when I only had 3...
I don't think so, since there is one who made 3200 stupid posts in less than 1 month -
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China's Condo Craze Cools as Economic Woes Hit Thailand
File photo for reference only Once a hotspot for Chinese investment, Thailand's condo market is losing its luster as economic uncertainty grips China's middle class. Stephen Yao, previously a bustling Chinese investment broker in Bangkok and Pattaya, faces stark changes. In 2017 and 2018, he made 32 trips from Guangdong to Thailand. Today, the situation is dire. China's middle-class investors once eagerly bought real estate in Thailand and beyond, seeking asset diversification and exciting lifestyles. Yet sluggish economic recovery and a domestic real estate crisis have reshaped the landscape. "The investment landscape has changed dramatically," Yao observes. Once-booming markets are now stumbling. Many agents have changed careers amidst rising unemployment and mortgage pressures. Investors face minimal returns and properties likened to "sunk costs," as selling becomes increasingly difficult. Legal solutions offer partial recovery, but many are strapped by domestic loans. The once-thriving market for foreign second homes in Thailand is narrowing. Decreasing Chinese tourism, vital for revenue, exacerbates the situation with fewer visitors and higher costs. Zhu Maowen, a writer and Bangkok real estate investor, concurs. "Second-hand properties haven't appreciated. Rental yields reach 5%, but maintenance is pricey." Adapting, Yao now assists Chinese building material brands entering Thailand. "The hard truth is that the game has changed," says Zhu, echoing sentiments of industry adaptation. This trend doesn't stop at Thailand. Vietnam's market is similarly cooling. Frankie Wang, a Ho Chi Minh City property salesman, highlights waning Chinese investment enthusiasm due to dwindling boldness and capital. In Japan, the rental market in Tokyo holds steady but faces challenges from short-term rental bans. Tina Chen, a property consultant, notes, "Rental stability is good, but yen depreciation affects yuan returns." In Malaysia, Emma Jian bought property in 2017 and finds hope as prices have risen, though they fall short of her investment at 20,000 yuan per square meter. Without a quick sale option, Jian opts for a holiday home. China's economic slowdown echoes through these markets, turning once-promising opportunities into cautious ventures. As Chinese investors recalibrate, the allure of foreign real estate now requires careful reconsideration, reported The Thaiger. -- 2025-03-03 -
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48
Donald Trump has set his sights on Afghanistan’s vast mineral reserves
Put a sock in it please! Why, do you not approve of having false assertions reacted to? You do know this is a forum and what the point of a forum is, yes?- 1
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17
Thais Express Discontent with Government and PM in New Poll
It was not that Pita could not form a Government .. He had no opportunity to form one as the old guard were holding back on him,.. It was impossible to do as he was/is not accepted.. In a normal democracy the biggest parties would join hands and form a Government, but here the refused even to try to make one... and as excuse section 112...In the Netherlands nobody wants to make a Government with the PVV ( a right winged party).. for the same reasons....Look what in a mess they are now too...Same here in Thailand. As soona s MFP won there were suddenly all kind of cases against Pita and the Senators even refused to vote.. Is That democracy and than as excuse he could not form a Government// No of course not if all parties already say we don't want to rule with you you are doomed. -
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Armed Robber Steals Gold Worth 4.7 Million Baht in Mae Sot
Does it run like a Democrat man?
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