HEARING VOICES: Chinese Investors Create Surging Real Estate Prices In Chiang Mai

Not That We Care, But What Do You Think?

1 Min Read

In the past ten years, mainland Chinese investors have spent 3 – 5 billion baht, purchasing more than 1,000 housing units in Chiang Mai, causing prices to surge and pricing out locals.

 

What do you think?

Tassapon

Naret

Nok

Farang Handler

Monkey Washer

Elephant Watcher

“People keep asking why we let this happen. I’d ask the same thing—if I could afford to live anywhere within five kilometers of here.”

“I thought about protesting all the Chinese investments, but then I remembered I’m also renting out my spare room to a family from Shenzhen.”

“I mean, sure, I promised my grandmother I’d never sell our ancestral farmland, but she didn’t see the truckload of money they backed up to my house.”

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