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Originally Posted by JayBee
Expat -What is the wrong reason for buying? If he wants to have a part-time residence in Phuket with apprecation potential(as he stated), then that seems like the right reason to buy. Isn't that why most people buy?
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Originally Posted by Phukethomebuyer
Given the devastating effects on the local economy combined with the prospect of severly depressed tourism for an indefinite period it would seem such conditions may present a good buying opportunity?"
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Call me over sensitive but I think Phuket needs people who actually want to buy because they love the place. I find it mildly distaseful that while some people are still doing all they can to gather donations to help Phuket (I'm up to 8000 euro so far to help orphans go to school ) others are wondering if the tsunami has created a good buying opportunity... OK I guess I am a little naive.
BTW I bought a house in February & paid the price advertised pre-tsunami.