Is it a good time to buy ?

[Guest cocodile]

Thong is if you buy now a decent gaff, you are saving £500 a month evey month in rent ?

 

Sure you are lumping in some capital, but with rent you know you are toast !!!!

 

Isn't a thong some kind of underwear, what's that got to do with condos?

[Parkwahn 61]

Isn't a thong some kind of underwear, what's that got to do with condos?

 

 

Its a typo the I is next to the O , it can get keyed in error

 

 

 

I have a mate who works in real estate here, he said some zoom phoned up asking to buy a condo, but he said "it must overlook a play ground" I dont think my mate was joking either

[Bazle 1,485]

It is someone banned from PL who is suddenly flooding this board with posts.

Not sure who is banned I am not, willing to bet what ever you want meet up and collect the money

 

Never lat a fact get in the way of an argument

 

http://www.pattayatalk.com/forums/index.ph...c=51690&hl=

 

Maybe a rethink is required?

[Parkwahn 61]

http://www.pattayatalk.com/forums/index.ph...c=51690&hl=

 

Maybe a rethink is required?

 

 

Again mate whats the bet, I have posted today how much do want to bet, no rethink mate money where the mouth is

[jacko 8,813]

Ok I will try to explain, a UK guy has bought a place for 3 million say, at 70 or 75 to the pound, the condo would have gone from say 3 million to 4 million in 5 or 6 years maybe more, however prices are down 30% he can afford to sell at 47 at less than the original price in £ and still show a profit.

 

If people are not buying due to exchgange rates where property has risen inline with currency, there has been a correction in prices as the baht has got stronger, I think its a good time to buy but its just my view.

Originally you were discussing someone buying a condo......

Yes, likely someone selling one, that he bought at 75 baht/£, could come out better off now selling it at 48 baht/£... presuming he can externalise the money...and wants to, as he lives in the UK (PS he might be liable to capital gains tax then!) .

 

Even in the quoted response you claim his condo has gone from a value of 3 mill to 4 million, but then say prices are down 30%

.

 

I agree prices are down in the market... could be a good time to buy... for an Australian.

I agree the baht has appreciated about 31% in £ terms in the last 5 years..(70 to 48)

The reality is those 5 million baht condos that used to be around 3-4 years ago look pretty damned expensive these days.. even to the guy who bought one

Edited November 8, 2010 by jacko

[redwood13 56]

I have a mate who works in real estate here, he said some zoom phoned up asking to buy a condo, but he said "it must overlook a play ground" I dont think my mate was joking either

 

Scout for Arsenal?

 

-redwood