[LivinLOS]

re the property market...

Very little property changed hands cheaply after the tsunami.. There were lots of ambulance chasers and I myself assumed there would be a price adjustment (as puket is REALLY expensive compared to all the rest of Thailand) but it basically didnt happen..

The market just stagnated.. People were looking for bargains but sellers simply kept thier old price guidelines (for the vast majority anyway) even bare land plots didnt seem to cool off from thier burning acceleration of the last couple of years.. Now theres a lot of activity again (I am trying to find 2 land plots in Patong for buyers currently) and values seem the same.. I suspevct this year will be one of sideways trading while we see what befalls our little island this time..

I would also say personally if your looking with an investors head on that Phuket is now too expensive to see as much upside as other areas.. Hua hin / Samui are both interesting and lots cheaper than here.. Both areas are attracting increasing tourism and are likely to appreciate faster than Phuket IMHO..

Of course Land and then self build is a hassle but yields the best returns...