Condo Conundrum

[harrymsmarkle]

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

[fishlocker]

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.

[serrollt]

Hotel rates will go up to compensate for fewer bookings, because - Thainess.

[Fluke]

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