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  • Condo Conundrum

    Bangkok Has 100,000 Empty Apartments. It Could Soon Have More
    By Suttinee Yuvejwattana and Natnicha Chuwiruch
    February 24, 2020, 4:00 AM GMT+7
    • Chinese buyers were key foreign purchasers of condominiums
    • But travel curbs, economic slowdown are keeping them away
    Sopon PornchokchaiBank of Thailand has loosened mortgage-lending rules to encourage domestic purchasers but developers remain wary. For instance, Naporn Sunthornchitcharoen, the chief executive of major Thai developer Land & Houses PclCaution ReignsSingha Estate PclforecastColliers International Grouphttps://www.bloomberg.com/asia

  • #2
    How has this affected hotel prices? Surely they must be driven down by the current economic climate. All good for joe traveler. Now I just need to find out the cleanest month to be there as I like to breath freely.

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    • #3
      Hotel rates will go up to compensate for fewer bookings, because - Thainess.
      “Don’t get sick of me just yet, for I will be here for quite a while”

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      • #4
        Originally posted by fishlocker View Post
        How has this affected hotel prices? Surely they must be driven down by the current economic climate. All good for joe traveler. Now I just need to find out the cleanest month to be there as I like to breath freely.
        Many hotels have closed down due to lack of bookings

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