Arsenio's Business English Podcast | Investment | Market Analysis

Send us a textThe 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...