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ftumch

Quote: from manowar on 3:20 pm on Nov. 17, 2005[br

"because "farangs" buy well over half of the higher end properties in Thailand"

.


Where do you get this statistic from? I do not have any concrete evidence to dispute what you say but the expensive Moobans in places like Bang-Na and Phuttamonthon are nearly all Thai owned. Hardly a farang in sight.


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Posted on: 2:27 am on Nov. 17, 2005
DaffyDuck

Quote: from manowar on 3:20 pm on Nov. 17, 2005
Thai property market will crash only if property markets in other more affluent countries crash first. Watch for the US, UK, Australian, HK and Singapore property markets. If they stay up, thai property market will be reall good investment and will continue to go up. But if they slown down or "crash", then Thai property market will be in big trouble, especially the higher end ones because "farangs" buy well over half of the higher end properties in Thailand.


Good to know since the US property market is headed for a dive in the next 12-18 months.


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Posted on: 4:39 am on Nov. 17, 2005
Broken Leg
1littlestar,

With the greatest respect to the opinions of everyone here you need a crystal ball to predict to the future and despite being able to give a best guess, thats all it is a best guess.

Basically it's difficult to tell from what you said but you are 15 odd years from retirement and this is a significant amount of time, so have you definitely decided if you are looking to speculate or to build a solid and definite base for your retirement without worry? Once you do that you are in a position to judge the level of risk you are willing to take.


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Posted on: 5:02 am on Nov. 17, 2005
Blattsucker
Manowar. did you get broadsided??? You got bats on your poopdeck????
You better call all hands on deck, because you have just sunk your self. What has the realestate of the US, UK or my country got to do with anything???????

The price of a piece of land, or a house is made by the economic state of a country. How wealthy is the country and how is it distributed. If the economy is going down the drain, then so is the property value.
There are maybe one or 2 (small) countries that get bought up totaly by outsiders, but I don't think Thailand is one of them. Ofcourse when my economy goes down the drain I will not be able to buy a house, but on the otherhand a doghouse in my country is a palace in LOS so even that does not mean anything.
And even Singapore is too far away for a daily commute, so that influence is also very small.
You better go to one of those detox temples and get the yaba out of your system.


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Posted on: 7:51 am on Nov. 17, 2005
Yurune

"because "farangs" buy well over half of the higher end properties in Thailand"


Complete and utter hogwash


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Posted on: 7:55 am on Nov. 17, 2005
Mel Gibson
I see Blattsucker is spreading bullshit again,, talking out his ass,,,

Quote:The price of a piece of land, or a house is made by the economic state of a country. How wealthy is the country and how is it distributed. If the economy is going down the drain, then so is the property value.

What a JOKE,,,, there are a lot more inputs that affect land price than that.....
Here is a FACTUAL example,,, Australian dollar fell from about 72cents US to 49cents US (2004) and at the same Sydney housing prices rose some 45%..

People beware of the Bluttsuckers blatant bullshit from now known as BBB.


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Posted on: 8:38 am on Nov. 17, 2005
Broken Leg

Quote: from Blattsucker on 9:29 pm on Nov. 17, 2005
Manowar. did you get broadsided??? You got bats on your poopdeck????
You better call all hands on deck, because you have just sunk your self. What has the realestate of the US, UK or my country got to do with anything???????




not such a ridiculous thing to say, we live in a globalised world, if something happens in a huge economy like the US and especailly to such large part of it as the housing market it's certainly conceivable that it could have effects in the rest of the world.


Quote: from Mel Gibson on 10:17 pm on Nov. 17, 2005
I see Blattsucker is spreading bullshit again,, talking out his ass,,,

Quote:The price of a piece of land, or a house is made by the economic state of a country. How wealthy is the country and how is it distributed. If the economy is going down the drain, then so is the property value.

What a JOKE,,,, there are a lot more inputs that affect land price than that.....
Here is a FACTUAL example,,, Australian dollar fell from about 72cents US to 49cents US (2004) and at the same Sydney housing prices rose some 45%..

People beware of the Bluttsuckers blatant bullshit from now known as BBB.



Just because the aussie drops against the US dollar does not have to mean the aussie economy is in bad shape. There are so many different factors in place which affect currencies you cannot draw simple conclusions like that.

Yes generally speaking the stronger an economy is the stronger it's currency, but obviously it is all relative, for example if the aussie economy was booming at 10% growth during that period, the US economy could be growing at 20%, so although both are strong the aussie would be effectively be weak compared to the us despite actually being strong.


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Posted on: 9:17 am on Nov. 17, 2005
Mel Gibson
Point taken BUT wrong,, the Aussie dollar dropped against EVERY major currency, commodity prices where failing,. gold was at a low etc etc meant there where big concerns for the Australian economy BUT obviously not for Sydney Housing


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Posted on: 9:52 am on Nov. 17, 2005
Blattsucker
"I see Blattsucker is spreading bullshit again,, talking out his ass,,,"
Yeah Mel, you are right, only I have more brains in my ass then you in your whole body.

"there are a lot more inputs that affect land price than that"
You are a total f*** up. What is bigger then a countries economy?? Where are there more inputs??? Where are they coming from??? From outerspace??? You should spend less time at the movies and more in firstgrade schoolbooks.

You can not read AND you can not think. Put some (unresolved) frustration on top of that and we got a volatile mix here.

Manowar was talking about REALESTATE, nothing more, nothing less. Now normal people that have had some schooling and know how to spell the word "business" know that realestate is just a tiny part of a countries ECONOMY.
Broken Leg pointed out to you the fact that one small detail does not mean anything. And that is the same point I made to Manowar. Realestate on the otherside of the globe has nothing to do with thailand what so ever. But an economy of a country certainly can have an influence.
And since the US is the leading ECONOMY in the world what happens there is ofcourse of influence elsewhere. And that is also my reply to Broken Leg, ECONOMY and REALESTATE are not the same things. And I don't think I made the mistake of mixing those two up. Did I?????


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Posted on: 9:55 am on Nov. 17, 2005
manowar

Quote: from ftumch on 12:05 am on Nov. 17, 2005

Quote: from manowar on 3:20 pm on Nov. 17, 2005[br

"because "farangs" buy well over half of the higher end properties in Thailand"

.


Where do you get this statistic from? I do not have any concrete evidence to dispute what you say but the expensive Moobans in places like Bang-Na and Phuttamonthon are nearly all Thai owned. Hardly a farang in sight.

Stand corrected, but let me clarify : I meant to say "Farangs buy more than half of the high end condo
properties in BKK". Stats was provided to me by CBRE's head guy in BKK. Further clarification : high end condo in BKK = 100,000baht/m +. Places like Athenee Residence, Infinity and the coming the "Met".........etc


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Posted on: 10:00 am on Nov. 17, 2005
     

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