Housing Boom,empty Properties

[maerim]

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[singa-traz]

I think Property Agent is one of those Prohibited types of work for Foreigners in Thailand, can someone confirm this ?

[The_Moog]

A large % of the overhang of clapped-out property has been assessed by real estate agents as 'worthless'

Ultimately it will be condemned and demolished - or given away.

As a buyer, don't think you're getting a bargain - at Bank AMCs, the best properties have already been cherry-picked by the families of bank employees.

Such low-end, low spec, knackered housing has no correlation with new-build, high end housing in the Bangkok suburbs.

It is perfectly possible for the latter to be valuable at the same time as the former is useless. That is precisely what is happening. Hope this clarifies things Maerim.

[maerim]

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