BCCT Link Magazine - Issue 4 2018

Page 14

Property & Real Estate

To buy or not to buy By Paul Gambles

P

roperty prices are useful for a couple of reasons: they help measure the health of an economy; and, a factor which is way too practical for most economists, they indicate how much you should expect to pay or receive if you’re buying or selling your home.

The beauty of property prices is that you can look at trends in one particular country, city, even area. To look

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Issue 4/2018

for mid-to-long-term trends, it’s also handy to analyse the global picture. In some countries, you may get a mixed bag of data: city centre apartments may be getting more expensive, yet suburban houses may be stagnant or dropping in price. This is definitely not the case in Thailand. Everything is on the up – detached houses, town houses, condos and


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