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?
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.”
