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  1. #463

    All Chinese money

    Thailand has high strategic value to the Chinese government. As such, the Chinese have been launching a charm offensive in Thailand for quite some time now. Chinese money has been flooding Bangkok in the form of tourists, students and investors. I suspect the Chinese government has even made it easier for Chinese investors to invest in Thai properties.

  2. #462
    Quote Originally Posted by NattyBumpo  [View Original Post]
    I don't know who is buying all these new Condominiums in BKK and Pattaya. The developers must be making a fortune. But it looks like a real estate bubble in the making to me. Too much supply at too high a cost. Of course no one knows when the market will top out. I sure don't want to be left holding the bag (any Thai real estate) when the market collapses. But in the meantime, it looks like there are lot of excellent rental opportunities in these new buildings with all the amenities and in great neighborhoods. Time to rent if you ask me.
    +1. That has been my observation, too. Plus, prognostications re the birth rate suggests there will be fewer people living in Thailand 20 years from now than today. The population is declining while all these condo projects are being built. Of course, more and more Thais will likely be moving from the outer provinces into Bangkok as education and income levels improve, I suppose. I have not bought in Thailand. For one thing, I don't want to be saddled with what to do with a condo that might stand empty for months if not years without a renter should I decide to live somewhere else. And I still have rental property in the USA that I'd rather deal with and profit from in that regard.

    Guys, good to have as many different sources of income as possible if you're going to weather all kinds of possible goofiness in markets and the economy on your way to a comfy retirement boffing 20 something year olds in Thailand.

  3. #461
    Quote Originally Posted by Smoothy  [View Original Post]
    The end of Obama's first term was the best time to buy a house in the USA because housing prices were at their lowest. But as far as having surplus money to invest internationally, that just happened recently under Trump due to his tax breaks and lifting regulations on businesses (unless you already had a bunch of cash in the stock market). Now is not a good time to invest in real estate in the USA because housing prices have sky rocketed since Trump was elected, but it is a good time to invest Internationally.

    Here's a pic of a chick I met in front of Nana hotel recently.
    Why are people investing internationally rather than in the USA with all that surplus money they got from those USA tax breaks and eliminating regulations? As of this writing, the USA Stock Market has only gained a paltry annualized 6% or so since that tax cut legislation was passed 1 1/2 years ago and only an annualized 13% or so since January 20, 2017. Maybe it is because the USA created almost 1 million fewer jobs in the past 29 months vs the previous 29 months and annualized real GDP growth is not meaningfully improved in the past couple of years despite adding $2+Trillion to the deficit trying to buy an improvement.

    It can't really be because illegal immigration crossings have skyrocketed in the past couple of years vs what they were in the 8 years prior, can it?

  4. #460
    Quote Originally Posted by EihTooms  [View Original Post]
    Oh, please don't tell us your investment advisor was advising you to steer clear of buying and investing at the beginning of the Clinton and Obama economies. If so, you need to dump him and find a better investment advisor.
    I did good under Clinton and crappy under Obama. I don't let other peoples TDS take the smile off my face, enjoy yourself! Oh and thanks for your advice, perhaps you have a good private banker to recommend to me?

  5. #459
    Quote Originally Posted by EihTooms  [View Original Post]
    Oh, please don't tell us your investment advisor was advising you to steer clear of buying and investing at the beginning of the Clinton and Obama economies. If so, you need to dump him and find a better investment advisor.
    The end of Obama's first term was the best time to buy a house in the USA because housing prices were at their lowest. But as far as having surplus money to invest internationally, that just happened recently under Trump due to his tax breaks and lifting regulations on businesses (unless you already had a bunch of cash in the stock market). Now is not a good time to invest in real estate in the USA because housing prices have sky rocketed since Trump was elected, but it is a good time to invest Internationally.

    Here's a pic of a chick I met in front of Nana hotel recently.
    Attached Thumbnails Attached Thumbnails nana.jpg‎  

  6. #458

    Hear hear

    Quote Originally Posted by NattyBumpo  [View Original Post]
    Here we go again. ...... I don't care what side you are on. Stay on topic!
    Well said.

    +1.

  7. #457
    Quote Originally Posted by Smoothy  [View Original Post]
    Please name one of these countries. And keep in mind they need to have a population of at least close to 300 million like the USA and as diverse a population as the USA. Small countries, and countries with little diversification in their population have far less issues to deal with.

    There is no better country in the world to live right now than the USA under the Trump administration. The economy is rocking! I took an extra trip to Thailand this year with my tax break.

    I agree with you about disliking the pettiness of US politics, but at the moment, almost all of the pettiness is on the Democrat side of things.
    Australia, Canada, half of Europe.

  8. #456
    Quote Originally Posted by NattyBumpo  [View Original Post]
    Here we go again. Someone on your side started it up again for no Goddamn reason. Then someone on my side responded, then someone on your side, and now you have responded to their responses.

    The time before it was a different BM on your team who started it over in the PI forum and finally after way too much back and forth BS everything was deleted as will be the case here.

    So can we just cut to the chase and not go there again? Is that not possible? Or does it have to get dumb and stupid first? I don't care what side you are on. Stay on topic!
    Good luck to anybody trying to police the forum.

    Supposedly ISG is an open platform for guidance and sharing information on sex services in different countries. Let's be honest it's often a soapbox for members airing their opinions on a wide variety of issues, political, social and cultural.

    Personally I use the ignore button to filter out what I know from experience will be mere navel gazing, misogynistic or a doom and gloom view of the world.

    I do enjoy reading some member's posts even when there are not on message because they can be entertainingly humorous and well written.

    The current conversation on Trump is interesting in how it divides his supporters and detractors and their corresponding views on P4P.

  9. #455

    Buy Low and Sell High

    Quote Originally Posted by Nyezhov  [View Original Post]
    I feel ya. Thanks to the Trump economy, my Investment advisor tells me I can do a Penthouse if I want when I show up for the staying-in-Thailand-season. The exchange rate sucks but hey, its the good with the bad.
    Oh, please don't tell us your investment advisor was advising you to steer clear of buying and investing at the beginning of the Clinton and Obama economies. If so, you need to dump him and find a better investment advisor.

  10. #454

    Penthouse Prices

    Quote Originally Posted by Nyezhov  [View Original Post]
    I feel ya. Thanks to the Trump economy, my Investment advisor tells me I can do a Penthouse if I want when I show up for the staying-in-Thailand-season. The exchange rate sucks but hey, its the good with the bad.
    Have you seen the price of a Penthouse in Bkk? A simple condo unit, 30 sq meters is 12.5-16 million THB. I stayed in one on Soi 24. They are still selling the units so I asked at the sales counter. This is not a penthouse. 30 sq meters is an insult to most of us from the west. BTW 15 M thb is $484,000.

    I asked her who is buying these? She said Thai businessmen that have houses outside of Bkk and do not want to commute except for weekends. I think Chinese are buying also. In Honolulu we have many new condo towers with condos that run as high as $35,000,000.00 and they say they are almost sold out. But at night only a few have lights on. Speculators that are hoping to make a profit when the price goes up.

    And think about the Thb at an all time high. Penthouses as well as Pussy is at a Premium.

    RL.

  11. #453
    Quote Originally Posted by Smoothy  [View Original Post]
    There is no better country in the world to live right now than the USA under the Trump administration. s.
    No better country "to live" in? No better country to make money in! So long as that money continues to be spendable elsewhere. But, best to live? Not so much.

  12. #452
    Here we go again. Someone on your side started it up again for no Goddamn reason. Then someone on my side responded, then someone on your side, and now you have responded to their responses.

    The time before it was a different BM on your team who started it over in the PI forum and finally after way too much back and forth BS everything was deleted as will be the case here.

    So can we just cut to the chase and not go there again? Is that not possible? Or does it have to get dumb and stupid first? I don't care what side you are on. Stay on topic!

  13. #451
    Quote Originally Posted by Smoothy  [View Original Post]
    Well, I do agree with that.

    To stay on topic, here's a girl I had sex with recently in Thailand with my tax refund.
    Nice. Do you have any photos if the girls you had sex with in Thailand during the various massive Republican administration Recessions, property and stock market Crashes? I would include the massive Democratic administration Recessions and Crashes, but as I am pushing 70 in a few years, it turns out there haven't been any in my lifetime except for a very short one, barely 2 quarters long, in early 1980. Otherwise, they have produced mostly recoveries and expansions from the Recessions and Crashes they invariably inherited from the outgoing Republican administrations. Not being petty, really. Just looking at the remarkably consistent historical record on those things.

    BTW, I am not a Bernie fan, but his proposed tax plan kicks in at 28%, your top rate, at the same income level it is today. The 52% rate does not kick in until you reach $10,000,001 of taxable income. So anyone who can now afford to travel to Thailand to have sex ought to be able to swing it from 2021 forward and make plans accordingly even if Bernie wins and gets his way with the tax code. Not factoring in whatever massive Recession and Crash history strongly suggests he might inherit, that is.

  14. #450
    Quote Originally Posted by Smoothy  [View Original Post]
    Well, I do agree with that.

    To stay on topic, here's a girl I had sex with recently in Thailand with my tax refund.
    I feel ya. Thanks to the Trump economy, my Investment advisor tells me I can do a Penthouse if I want when I show up for the staying-in-Thailand-season. The exchange rate sucks but hey, its the good with the bad.

  15. #449
    Quote Originally Posted by Smoothy  [View Original Post]
    Please name one of these countries. And keep in mind they need to have a population of at least close to 300 million like the USA and as diverse a population as the USA. Small countries, and countries with little diversification in their population have far less issues to deal with.

    There is no better country in the world to live right now than the USA under the Trump administration. The economy is rocking! I took an extra trip to Thailand this year with my tax break.

    I agree with you about disliking the pettiness of US politics, but at the moment, almost all of the pettiness is on the Democrat side of things.
    Right on, Smoothy!

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