As another posted said, your reading retention skills are bad, or likely just selective. I've recently posted at least 3 or 4 times that the housing industry is super important to Thailand's economy and the government is not handling it well with the company crackdown, which will be detrimental to it and all the related industries tied to it. So, since that is my thinking, posted on AN a number of times, how do you jump from that to posting that my 'argument' is the property market, part of the huge and important housing industry, is 'fine and well'. And, once again, stop taking it upon yourself to decide what my thoughts are on something--as you are always making wrong assumptions, always cherry-picking and distorting what I post, always deflecting when you post a real howler that I call you on. What I have said, in addition to the above: We are in Thailand and there are still Thai buyers for all types of property. It's a large country of over 71 million. There are also still foreign buyers buying foreign quota condos and buying houses or condos in their Thai spouse's name--that was the case with the last condo we sold. My Thai spouse and I just finished building a house, and it is registered in my spouse's name. Conditions were not good during the covid period but people still bought and sold property, including my spouse and myself, who bought and sold 3 properties--1 condo and 2 houses. It's the same today, people are still buying and selling property, both Thais and foreigners. We recently sold a house to a Thai buyer. It doesn't mean the property market is 'fine and well'--it just means that it's still going on, there are still buyers and sellers. National data is just that--national data, compiled from local data. Despite all your protestations to the contrary, it is local data that is important for local, individual transactions--whether you are buying a condo, a house, a used car, etc. When I ask you how it is relevant that there are, say, 5,000 used Honda City's for sale nationwide and 200 used Honda City's for sale in Chiang Mai, and I am looking for a used Honda City for sale only in Pattaya, you deflect with the ludicrous 'product recall' data, or some such nonsense, knowing full well that the numbers are simply a numbers count only, and nothing else. For a local transaction, it is local data that you want, that's what is important and relevant. How many of 'X' are for sale in my local area? Not how many in CM. I will continue to maintain that buying a property is a whittling down process when a buyer's many criteria are factored in. A large number reduces to a smaller, manageable number. And, same with renting. It's really no different if you go car shopping. Hundreds of different models on the market. But, you are likely looking for a specific type, say an SUV. That immediately eliminates everything that is not an SUV--pickup trucks, sports cars, vans, convertibles, sedans, etc. You likely also a have a size in mind--those that are too big or too small drop out. And, price will further reduce the models, as all that are too expensive are eliminated. The last time we shopped for an SUV, it came down to just two models. Since then, a number of Chinese models are now available so we will have more choices next time around, but it will still be a small number, probably 4 or 5 at the most. The last time we shopped for a condo, the same thing--it reduced to just a few. There are some new condo projects now so the number might be bigger but, like the SUV choices, not a large one. Renting vs. buying is directly tied to each individual, couple, or family's own circumstances. For the umpteenth time, there is no one size fits all. Renting might be the better option for a single guy, buying might be better for someone married to a Thai and living here long-term. For many, buying has more than just financial considerations as many like to own the space they live in. It's whatever works best--and neither you nor I can say what that is for someone we don't know. We can only say what works best for us. For you, it's renting, for my spouse and myself, it's owning, for all the many reasons I have stated in other posts, with financial not being the main one.
