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Authorities cancel forum on 99-year leases for foreign investors

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22 hours ago, steven100 said:

Who's gonna be around in 99 years   .....:shock1:

The bastards who gave you a mortgage on the property!

 

The problem with short leases is that mortgage providers don't think that they will get fair market value for your property in the event of a default, say after 10 years. 

 

Yes, there are special markets where 40 year leases are handed out but they are for very very high end properties in London and for very high prices and where no buyer is looking for a standard mortgage.

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Posted (edited)

Are seminars about 20 years land leases  allowed?

Edited by Destiny1990

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Hmm! All the foreigners deserved it! Stop imparting know how knowledge to the thais! Stop visiting and buying thai products. Lobby your governments back home to boycott thai products and to seize all thai investments and assets and make it difficult for thais to work in all other countries. Make all kinds of medicine that is made or patented or invented overseas very expensive for thais and punish them when they break patent rules on medications etc.Do not accept thai students overseas etc.  Harrass thais when you see them overseas. Treat them these way till they realise to stop being xenophobic. But at the same time do not forget, they are decent and  good thais too. Not all are the same . (there are about 3 % or less, decent, educated thais who are not xenophobic.)

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20 hours ago, taichiplanet said:

yeah, don't want to end up like Hong Kong; a 99 year lease to the British and then handed back to China. :laugh:

No HK was not a 99 year lease.  Only the "new territories" were a 99 year lease. The rest on HK i.e. HK Island and parts of Kowloon were ceded in perpetuity to Britain from China.  The new territories contained much of HK power and water infrastructure so when the lease was due to expire there were thoughts China would cut that infrastructure.  Today buying property in HK is in effect predominantly leasehold.

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21 hours ago, webfact said:

 

BANGKOK: -- Authorities have ordered that an academic seminar scheduled for Sunday be postponed because it would feature criticism of the government’s policy to lease land to foreign investors for 99 years.

Yes you  may have to turn the computer crimes act/LM inward. 

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51 minutes ago, elgordo38 said:

Yes you  may have to turn the computer crimes act/LM inward. 

What government policy to have land leases for foreign investors of 99 years?for what i know the policy is only 30 years.

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TITV

 

They stated the forum was cancelled because they havent finalised the laws and detail..

 

And if course 75% of posters here go rabid and foaming at the mouth 

Lol

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51 minutes ago, bamukloy said:

TITV

 

They stated the forum was cancelled because they havent finalised the laws and detail..

 

And if course 75% of posters here go rabid and foaming at the mouth 

Lol

A game changer if they did and hopefully an end to these fake companies structures.

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i wonder if leases really work. i have heard of people being chucked out of long leases when the property goes up in value. not a lot of protection for a foreign leaser when the owner turns up with his brother in law policeman to evict them.

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WHAT "99-year investment policy had not been officially implemented"???

 

They've been talking about the proposal for 50 years. But I don't recall anything about a 99-years proposal, or who would be eligible for that kind of treatment.

 

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23 hours ago, Mickmouse1 said:

Not here or else!

As your 'location' shows Borneo where is 'here' in regards to your posts above?

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3 hours ago, Destiny1990 said:

What government policy to have land leases for foreign investors of 99 years?for what i know the policy is only 30 years.

I think in time you will be able to "pick a number"

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4 hours ago, bamukloy said:

TITV

 

They stated the forum was cancelled because they havent finalised the laws and detail..

 

And if course 75% of posters here go rabid and foaming at the mouth 

Lol

Your comment doesn't make much sense.I would have thought that  if the details haven't been finalised, that underlines the rationale and need for a forum.Bureaucrats could sit in, observe and comment.But it's absolute insanity to have soldiers clumping around.

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3 hours ago, jayboy said:

Your comment doesn't make much sense.I would have thought that  if the details haven't been finalised, that underlines the rationale and need for a forum.Bureaucrats could sit in, observe and comment.But it's absolute insanity to have soldiers clumping around.

The way i read it, they postponed the forum because they havent finished the final draft of the law, therefor its pretty much useless for all and sundry to speculate on this and that.

 

But i guess if Thaivisa had to follow such logic, a lot of poor sad buggers would be a lot more sad and bored.

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19 minutes ago, bamukloy said:

The way i read it, they postponed the forum because they havent finished the final draft of the law, therefor its pretty much useless for all and sundry to speculate on this and that.

 

But i guess if Thaivisa had to follow such logic, a lot of poor sad buggers would be a lot more sad and bored.

If that's the way you read it, you must have been looking at a different article since there is no possible interpretation of The Nation piece which supports your version.

 

Furthermore even in the "explanation" which frankly you appear to have invented or dreamed up is bafflingly wrongheaded.It is the purpose of such forums to "speculate on this and that", hopefully so that the final version will take into account or incorporate sensible views.

 

The involvement of the military is as previously noted is a deliciously insane element.

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BANGKOK 23 November 2017 21:49
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