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@ck2 they should. Singapore for example, you cannot own land, and you cannot buy a HDB house, if you're not a citizen. But you can buy a Condo, so those are exp
by philliphaydon 11y ago
@ck2 they should. Singapore for example, you cannot own land, and you cannot buy a HDB house, if you're not a citizen. But you can buy a Condo, so those are expensive for foreigners. But locals can afford HDBs.
Thailand, foreigners cannot own land, or houses, or villa's, etc. But you can own an apartment, because you own the apartment, but not the building or land.
If you want to own a villa, you have to be a lease hold where you pay a huge tax to a Thai company who owns the actual property and grants you the right to live in it.
So, houses in Thailand are affordable for Thai people.
Yet you take NZ, Aus, UK, America, where you can sit on a computer, press buy on a website, get your lawyer to send some money, and own a house and property without ever stepping foot in the country.
Western and now we can't afford to own a house in our own country without getting a 1.2m loan that costs us our life and prevents us from enjoying the money we work so hard for.