- Are Thai condominium prices primed for a 50% crash?
- Will the Thai Baht collapse during the next political crisis?
- Is Thailand’s economy a house of cards that will bring real estate crashing down with it?
- Is Thai property a good investment?
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A) THE THAI BAHT: BESIEGED BY FOES ON ALL FRONTS
Thailand’s currency the Baht, being semi-pegged to the USD, has piggybacked the monster Dollar bull that started in mid 2014. Consequently it has strengthened significantly against most other currencies. Thai real estate, naturally being priced in Thai baht, has thus become much pricier for anyone not shopping with American Dollars. This is a boon for those already in the market. It’s pretty negative for those looking to get in.
Does this mean you should rush in before it strengthens even more, say one, five or ten years from now?
Over time, the trend of a strengthening Thai Baht, all else being equal, shouldTO READ ON SUBSCRIBE AND BECOME A PATREON.