Anyone figure out the reason behind the nominee crackdowns?
You old heads said this would quickly pass when this started, or is it normal for these things to last for months? I was in the housing market now I'm on a holding pattern, so I might need to settle for a condo, but of course I will rent instead of buy.
At first I thought the reason for the crackdowns was the frquently promised effort on enforcement, or to address the home affordability the issue that my Thai co-workers talk about. However, the housing crackdown hasn't touched greater Bangkok, as I havent heard of any efforts against Bangkok homes.
So is it a case of someone wanting the land in prime tourist spots? Corporations, rich Thais, or recent arrived foreigners with more money and pull than the retirement focused buyers of the past?