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Originally Posted by Expat
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.
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Expat, I didn't mean to be critical, but merely to present an alternative way of looking at the same facts.
I think it is a matter of semantics, and, perhaps, the way P-homebuyer stated his case might sound very insensitive to some.
It is a good thing that prices are stable. In fact, a smart buyer might view that as a good buying opportunity, and for all we know, maybe prices would be jumping upward right now if it weren't for the tsunami.
But even if the tsunami had caused prices to drop like a stone(Thank God it didn't!), then it is the people, no matter who they are or what their motives are, who step in and buy because they see a buying opportunity, who stop the drop. Having another buyer in a market has never had a negative effect on prices anywhere, no matter whether they are a nice guy or an insensitive bastard. There are times when even having greedy bad guys in a market is good for the market. (That comment is not directed at you, P-homebuyer!) In a stable market, you need buyers to keep it stable. In a declining market, you need buyers to stop the fall.
So, I say to P-Homebuyer, go for it. It is a buying opportunity.
If you want to help maintain a healthy market, then you should never discourage a buyer from buying!
JayBee
