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Anyone living in Roi Et? What can one do there?
I was about to say leave Issan out completely, go straight to Phuket if you want things to do. Why not save time and not go there at all. 😃 -
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Trump is on the ropes as Maga turns against Israel
16 hours ago · Currently, 147 of the 193 member states of the United Nations recognise the state of Palestine. -
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Will Trump TACO Again on Tariffs?
Trump just paused tariffs on Mexico for another 90 days. Presumably he will soon do the same for India and Brazil. Looks like it's the TACO happy hour 2.0.- 1
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UK Flat – Sell or Keep Renting? Expats Who’ve Been There – What Did You Do?
Regards leasehold flats....absolutely yes, if the building is 3 stories. And with minimal grounds to object or compensation for the disruption. It's very poorly thought out legislation passed by the Conservatives in 2020, supposedly to increase housing supply in urban areas but more like a pot of gold for freeholders since the value of the freehold jumps dramatically with planning permission granted. Where I live, our freeholder won "Prior Approval" to build 8 new apartments on top of our building despite huge objections. However, our owners group commissioned a surveyor and among other things, found insufficient foundations amongst other things which in reality seems to make it impossible for them to sell the freehold. They failed in the 3 years the planning permission was active (they don't want to do the development themselves, just sell the freehold for a pot of gold). However, this stupid legislation allows them to apply again, probably hoping to sell the freehold to a stupid buyer who didn't do due diligence first. Obviously, while planning permission exists, it makes it impossible to sell your property for a reasonable price. So, if you own a leasehold flat of 3 stories, you should get rid asap. You mention you've also run your own figures on ROI from rental income and capital gains. Only you can decide if it's worth it versus rather being invested elsewhere but seems tenuous in your case. And landlords are definitely exiting the market as I mentioned, renters very much have the upper hand with recent legislation changes and good luck if you get someone who fails to pay up or won't budge. If you compare stock investments over the last 10-15 years, on average they have outperformed property and without all the aggro of managing and maintaining it, and the added risk of getting a tenant from hell. 50-70% nominal return (no inflation adjustment) over a 5 year period would be an ballpark figure from a global equity income tracker fund. Meanwhile, 10 years in a S&P500 tracker ETF would have yielded 180% nominal but that market outperformed. In contrast, emerging markets performed badly. Global equity funds are there to deliver reasonably reliable gains over the long term investing in stocks paying dividends etc. So they won't deliver spectacular gains but won't leave you broke should markets go south. Hence why I'd look for that kind of thing as an alternative to property income. I've been fairly interested in investing for a while, so while I'm far from an expert I'm comfortable managing things. Being self educated is easy to do, lots of free resources out there, basic principle is deciding your risk appetite and not putting all eggs in one basket. In both pensions and my own direct investments, I choose the allocations - I'm in a mixture of trackers (global, emerging markets and UK equities) and various actively managed funds, I also own some stocks and ETFs directly. I tend to hold for the longer term. I don't bother with crypto or bonds. I have my money spread about - some has done better than others e.g. S&P 500 performed well, China/Hong Kong was poor. Like I say, it's all about risk appetite. -
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Report Chinese 'Journalists' Arrested near Thai Military Bases in Surin
The fact that they had counterfeit papers definitely makes them criminals The scam call centers are also near the borders apparently. Thailand needs to open their eyes where their Chinese « friends » are concerned.
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