samak Posted February 4, 2009 Report Share Posted February 4, 2009 old houses where the land prices has soared during recent years probably yes; in particular if the living space is small in comparison to total land or the place is not well maintained for new ones not as the economics would not make sense for the landlord Link to comment Share on other sites More sharing options...
gobbledonk Posted February 4, 2009 Report Share Posted February 4, 2009 We have a very different situation in Oz cities (and even many towns) to the LOS - demand for rentals seems to be a lot higher than supply and that has allowed landlords to absolutely gouge renters in Sydney/Melbourne/Brisbane. I know that you can pay exorbitant rents in BKK - no question - but as a proportion of 'average weekly earnings' I would not be at all surprised to find that we pay some of the highest rents in the world here. Real estate has been massively overvalued for at least a decade, and its only now that the bubble is beginning to seriously deflate. One poor sod on the Gold Coast sold his beachside block for 5 million less than he paid for it just a few years ago - that has to hurt. :smirk: Link to comment Share on other sites More sharing options...
samak Posted February 4, 2009 Report Share Posted February 4, 2009 ...and in the US a lot of the guys who must sell, sell for 60-80% of the mortgage! Link to comment Share on other sites More sharing options...
cavanami Posted February 4, 2009 Report Share Posted February 4, 2009 The OP said "Cost of Living (Survival) in LOS", survival means the are minimum to get by but seems like this is not what was meant Link to comment Share on other sites More sharing options...
samak Posted February 4, 2009 Report Share Posted February 4, 2009 a clever argument, cavanami! talking about survival and then willing to purchase real estate for over 15 million THB! Link to comment Share on other sites More sharing options...
zob65 Posted February 4, 2009 Report Share Posted February 4, 2009 Oy Munchie what about Chalet Munchmaster at Hua Hin? I was planning to visit with all the family! You know wet bathers sandy feet, left over bait sunscreen all over the leather lounge. Link to comment Share on other sites More sharing options...
The_Munchmaster Posted February 4, 2009 Report Share Posted February 4, 2009 Having heard all that, thank fuck Munchies Hua Hin Pied A Terre has been hit by the global credit crunch. Even the luck of the Oirish didnae help! Link to comment Share on other sites More sharing options...
sidsanuk Posted February 4, 2009 Author Report Share Posted February 4, 2009 a clever argument, cavanami!talking about survival and then willing to purchase real estate for over 15 million THB! Just meaning what is the range. And some have indicated what it is possible to 'survive' on. If the economy does not pick up and my business with it, I will be at the survival end of the scale not the 15 million house end Link to comment Share on other sites More sharing options...
cavanami Posted February 5, 2009 Report Share Posted February 5, 2009 For me, I would start out on the low end and if things are OK, upgrade higher. The basic $$$ to survive...20K baht/month? 5K apartment (room) 3K utilities (water, electric) 10K food 2K transportation, phone, misc. I would find it difficult to live below 20K/month but it could be done, just not by me. I would say that starting at 50K a month is more realistic and still that could be tight if some unexpected medical comes up or you might want to travel a bit. I do find that the $$$ does evaporate quickly in LOS! Link to comment Share on other sites More sharing options...
samak Posted February 5, 2009 Report Share Posted February 5, 2009 20k is very low; very basic and simple accommodation; only thai food; eating out only in foodstalls; no entertainment other than tv; no internet, newspapers, magazine; no traveling.. no thanks! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.