Housing Bubble in Bangkok?

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PatrickK
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Posts: 112
Joined: Sun Aug 10, 2014 8:26 am
Location: Bangkok, Thailand

Housing Bubble in Bangkok?

Post by PatrickK »

Is there a housing bubble in Bangkok? I've thought about this a fair amount, with literally 6 new condos built within the last 8 months just from my view of the bacony. Of the 2 condos I've lived in here, none have been full, maybe 60-70% full. It seems to me a lot condos are sitting half full, and with new ones being built, you'd think it would drive the rental prices way down, which is what I think will happen.

Anyone else notice this in Bangkok? It seems to be exploding, yet way overbuilt right now.
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