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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.31-0.6%Dec 31 4:00 PM EST

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To: Boolish who wrote (85112)12/27/2011 7:00:46 PM
From: Hawkmoon1 Recommendation  Read Replies (1) of 218913
 
I also met a gentlemen who asserted his Thai wife had access to the upper crust of Thai society..

The one thing he told me that I found most interesting is that, apparently, the royal family owns approximately 30% of all the total land in Thailand outright, especially Pattaya, and Phuket areas.

Other sources cite that the they, as royals, technically own all the land (which I guess they do, if they want to assert their rights).

businessinsider.com

I like Samui as well, and there's a lot to be said of Kho Tao as well, although much smaller. I'm just not sure I'd want to try and buy property there when I don't own the underlying land.

I'd just consider it a lease, and therefore, disposable.. Which means I wouldn't want to spend more than I needed to..

And that's a valid point about the potential for political upheaval there, especially when the King dies. I expected it last May when it appeared the King was on death's door.

Hawk
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