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The Red shirts have hurt the Thai economy just when it was hitting off in the second quarter. With daily growth, the Thai baht was becoming stronger relative to the British Pounds and the American dollars.
This hurt the property market by a 2.9% margin. Whereby the foreign investments withdrew their investment options from Thailand and started soul searching in other places. However, with the political unrest subsiding, it is no doubt that the foreign investments are coming back as there isn't a lucrative market as the one in Thailand. The foreigners do not usually stay here in Thailand, but once they purchase a property, they leave it in the hands of trusted agency. Having said that, investment in Thailand is only as good in the long run if you have a trusted and a reliable agency.
This hurt the property market by a 2.9% margin. Whereby the foreign investments withdrew their investment options from Thailand and started soul searching in other places. However, with the political unrest subsiding, it is no doubt that the foreign investments are coming back as there isn't a lucrative market as the one in Thailand. The foreigners do not usually stay here in Thailand, but once they purchase a property, they leave it in the hands of trusted agency. Having said that, investment in Thailand is only as good in the long run if you have a trusted and a reliable agency.