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AJSP

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Everything posted by AJSP

  1. I do a bit of property here in the UK and regular newsletters from Savills who we sometimes work with. I don't normally take much notice of the Real Estate Tips outside of the UK but this caught my eye. No mention of Thailand but they are suggesting Vietnam as the next SE Asia hotspot. I am not savvy enough to try and understand the Thai Economy or market but it does seem that other nearby countries are now catching up and possibly overtaking Thailand. You'll note in the article they still consider Vietnam to have barriers to boosting the economy but are working towards having a medium term plan to deliver a stable national economy, which Thailand has yet to establish. Market trends Real estate investment tips for 2020: Asia-Pac January 2020 Against a backdrop of geopolitical tensions, regional uncertainties linger. India and Vietnam are future bright spots Simon Smith Head of Asia-Pacific Research Asia-Pacific’s investable real estate universe is fast growing and extremely diverse. Differing cycles are creating different pockets of risk and opportunity, while the emergence of new asset classes is providing investors with a much broader range of options and strategies. Vietnam appears to be a future bright spot (Ho Chi Minh City, above), with strong economic growth and a youthful demographic profile. But, investable assets remain scarce. Administrative hurdles continue as anti-corruption measures bite, in turn reducing liquidity and delaying development progress. However, over the medium term, this will establish sound governance and a better business environment, benefiting investors. India, whose population is forecast to overtake China’s in the next five years, offers longer-term opportunity. The government has taken measures to boost the economy by reducing corporate taxes and re-capitalising banks. The central bank lowered the benchmark interest rate five times during 2019. These measures will drive occupier demand for traditional asset classes such as offices, but there are also real opportunities in alternatives. Co-living is one such example, supported by India’s huge millennial population. Australia has experienced the worst and earliest bush fires in its history. Although still ongoing, the current damage to businesses and property is expected to have a near-term negative impact on GDP, mainly from a fall in farm production, private investment and tourism, albeit somewhat offset by government aid and unprecedented donations. Financial markets have also increased their expectation of an interest rate cut, but these are already at historic lows and there are doubts that they are still positively impacting the economy. At a regional level, uncertainties still linger against a backdrop of geopolitical tensions, US trade relations and slowing economic growth. This has meant the emergence of a degree of downside risk to some countries in the region in 2020, particularly export-orientated economies, as investors remain more inclined to invest in real estate markets viewed as better insulated from such risks. In the near term, looser monetary conditions will continue to support real estate markets as external and domestic headwinds mount. Core investors will continue to seek opportunities in the office sector, in spite of low yields, focused on major cities across the region. Yields across most Asia-Pacific markets seem to have bottomed out. As a result, investors are searching for higher-yielding assets. Alternative asset classes, such as self-storage, data centres and senior housing, are benefiting. * Apologies for the size of the images !
  2. Weins is good. Watched a few of his Lebanese vids last night in bed. Was 9.30pm and Id eaten but by the time i'd finished watching was starved LoL
  3. Exchange rate makes it dear IMHO. £50 = best part of 2000 THB
  4. I heard that from Devon folk ( ilfracombe) and as I am from from Somerset it’s not a term I’ve heard prior. That said, Caravan folk are rife in the south west and our motorway junction at Gordano is Choca. never seen one in Thailand but do joke wit the Mrs about a Max n Paddy adventures 🤣
  5. Well, it’s been cooked.1 hour 20mins. Just resting now whilst I finish the veggies etc
  6. Wow. That sounds awful i do like the straight message at the end and well put. i hope the situation improves soon
  7. Not had for years. Reminds me of eating round at my Nans house in the 70’s
  8. Having this tomorrow- a before shot, so will try and remember to get a cooked photo and upload - Rib of Beef which apparently according to butcher, feeds 4.
  9. Guess as it’s a solar powered sign it has battery storage to ensure it’s shown at nighttime? Sign looks good btw
  10. No photos. 2 pints of Guinness and 8 pints of Amstel.... hic. night night
  11. Good choice. Do like a drop of beer Lao dark but can only drink a few before a few more Leo’s.
  12. Very sad to read of the death and the manner in which he passed. Thoughts with the family
  13. Turkey stew ( leftovers) I made last night. My son is having his first so he’s the guinea pig, so to speak, on whether it’s nice or not. It smells great so fingers crossed.
  14. Parents up for Christmas so a lite lunch before we eat at an Italian tonight cant seem To get pic correctly displayed Sausage rolls, dolmades, hummus, Quiche, cheese and onion stick, falafel, giant onion bhaji and the Remenants of a scotch egg - all from http://www.themalldeli.co.uk/
  15. Loved watching / hearing him in the 80’s and 90’s great broadcaster and a clever , funny man.
  16. I’ve been doing the same for end of July and coming up with some horrible prices ( not all), but think after Xmas is when I normally book do will keep looking on topic, I have used skyscanner
  17. Not a fan of winter in the UK, although I do enjoy a bit of Christmas, mainly a few seasonal activities/ events and get togethers plus the food. That said, it’s not sufficient in several years to come to prevent me from escaping the cold to warmer climes. in an ideal world I’d love to live overseas ( Asia/ sunny Europe) from mid October until mid March and the remaining months play it by ear and be flexible with my residence. I do like UK in the summer but would be happy to flit over those 4/5 months in Europe / Asia.
  18. First Class.............making me hungry. Much better looking than the takeaway I had on saturday night
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