27.10.2008 - Thailand: Impact of global woes limited so far
From Bangkok Post: Of the two storms currently hitting Thailand's property market, local political unrest has had a far greater impact than the global economic panic because most of the buyers are Thais who are affected more by events within their own country, according to Apisit Limlomwongse, managing director of Nexus Property Consultants. People here are not really feeling the effect of the worldwide financial crisis yet because the market is already seen as being at a low point and there is not much room left for it to sink..... Full Article: Source
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