The ultimate safe haven

Investing in land will help to take your return to the next level in the long run but only if you have some surplus cash and a lot of patience

Published: 11 Feb 2013 at 00.00
Newspaper section: Business

Investment in land has its unique, irresistible charms. On the one hand, there is a limited supply of it, so one can rest assured its prices can only go up. On the other, ask anyone who bought a plot shortly before the 1997 financial crisis and you'll know how it can also become a sticky mess.

People check out foreclosed property listings at a recent property fair in Bangkok. WEERAWONG WONGPREEDEE

But this asset class never goes out of fashion, all the more so when the economy is on an upward trend and especially after safeguards have been put in place following the bitter lessons of 1997.

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TexasBruce
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Discussion 2 : 13 Feb 2013 at 03.482
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Best way to make a billion baht is to buy in the path of progress.
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boons
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Discussion 1 : 12 Feb 2013 at 02.431
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Why is this article written in English?

It obviously doesn't apply to non-Thais who are forbidden from owning land in Thailand.

A more appropriate article should be written in Thai, and published in one of America's Thai-language newspapers. In America, Thai people are welcomed and are free to purchase land and homes with full rights of ownership.
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The ultimate safe haven | Bangkok Post: business