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Do you have a Thai wife or other trusted and competent contact that you can use? This makes a big difference.
As someone already said, the tourist rental market is way over supplied, seasonal, and property prices are at least as likely to fall as they are to rise. Targeting the cheaper end of the Thai residential market is also a good suggestion.
But my main point would be - location. Look at the area, drive around it, try to buy or build in an area that will improve in the future. Think of the rent as an income but the real gains are to be found in price appreciation.
Posts I've Made
In Topic: Big Hot Air Balloon Festivle In Pattaya
2012-05-24 00:09:26
LeCharivari, on 2012-05-23 23:28:48, said:
Spalpeen, on 2012-05-23 10:03:38, said:
I wonder why it was moved to Chiang Mai. Events like the Hot Air Balloon festival are exactly what Pattaya needs to move away from its one-product image.
Agreed, Spalpeen, but it has always been very poorly publicised in Pattaya for the four years it was held here. According to the organisers its due to remain in Chiang Mai - Pattaya's loss.
True enough. One year I went up there on the advertised weekend only to find it had been moved to the next month without notice. Pattaya has great potential but it's up to the city administration to make it happen. The only thing they seem to be interested in is those crappy 'music' festivals.
In Topic: Any Mathematicians In Pattaya?
2012-05-21 21:57:26
FarangBuddha, on 2012-05-21 20:26:51, said:
MrPlumbs, on 2012-05-21 16:29:22, said:
FarangBuddha, on 2012-05-21 16:15:31, said:
Sorry to ask an unrelated question (but I'm sure most of the mathematically gifted members of the Pattaya T-V community are already following this thread) so here goes: Can anyone settle this question related to astrophysics/cosmology that has been swirling around in my head lately. It concerns the shape and size of the universe; specifically if it is infinite or not.
I maintain that the universe is finite, as our current understanding is that it had a beginning, the so called "Big Bang," and has been expanding ever since. My argument being that something that started out as finite, i.e., the singularity that was the Big Bang, cannot then expand to an infinite size. Something that is infinite, must always have been infinite by definition.
Would my reasoning be a good argument that the universe is likely therefore finite or am I missing something? I suppose the first argument some smart physicist would try to explain to me is that the singularity itself was infinite (in what sense...density?)
I maintain that the universe is finite, as our current understanding is that it had a beginning, the so called "Big Bang," and has been expanding ever since. My argument being that something that started out as finite, i.e., the singularity that was the Big Bang, cannot then expand to an infinite size. Something that is infinite, must always have been infinite by definition.
Would my reasoning be a good argument that the universe is likely therefore finite or am I missing something? I suppose the first argument some smart physicist would try to explain to me is that the singularity itself was infinite (in what sense...density?)
Most of the science history books that I have read mention that when any equation ends in infinity that it is disregarded as wrong. The science community doesn't like infinity, I don't get it... isn't Pi infinite?
Back to your question.... the universe is expanding into an infinite void is my belief.... BUT we will never know, we have a horizon where the outer matter of the universe is expanding at the speed of light and anything we send beyond that point will NEVER be able to send information back to us. That is our horizon of knowledge about our universe... at the moment.... hope it helps...
I'm no mathamatecian but my layman's understanding is that the work of Gregor Cantor on infinity, over a century ago, laid the groundwork for it's use today in all areas of modern mathematics. (Even though his work was rejected by his contemporaries and may have been a factor is his going mad.)
In any case, back to my inquiry, I don't think the language that the universe is expanding into an infinite "void" or nothingness so to speak, is accurate. Even though the terms imply, lets say, emptiness, the universe isn't expanding into anything. What is happening is that the universe is creating its own "new" space in all directions, which we call the expanding universe, but it is not expanding into any [pre-existing] thing [or void] as you put it. There is no edge/boundary to the universe and therefore the expansion is not happening at this non-existent edge; rather, it is happening in all places at all times and in all directions (except for objects and object clusters held together by their own magnetic, nuclear, and/or gravitational forces). This too is an interesting topic to discuss but it doesn't get us any closer to the question of: Can something start as finite and become infinite?
This thread started out as finite and is rapidly becoming infinite.
