Arsenio's Business English Podcast | Investment | Market Analysis


Manage episode 288541212 series 2288534
By Arsenio Buck. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

The condo market here in Thailand is a MASSIVE bubble. Because developers are buying out the land and building condos everywhere, the majority of these condos are probably at 10-30% occupancy. So, what happens is there will be around 10-30% Thais living in them and the rest of the tenants will be foreigners, most notably Chinese.
Now, this isn't bad, but considering that there will be 2 economies within one country (Thai and Chinese), not only is the bubble going to burst, but a takeover of this country could potentially loom. Tune in!

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1134 episodes