The short answer to this is that it’s 7.8 billion other “farang” in the world, and that Thailand is a country that farming is very well suited for.
In the big pictures, who cares about some tens of thousand foreigners that bought some apartments stuffed on top of each other in a cement block on a few rai.
No one should because it’s not important at all.
Let the land laws be exactly
like it is now with freehold in these cement blocks and let the thais have full control over what’s the real land and which is worth something. They are patriotic just like most others are and should be about their country.
The land laws should never ever change and put an eas on as keeping it under control is of major importance to any country any the most important to protect.
South Koreans, Indians and Chinese are standing ready to buy up. There has been cases in Thailand with fake marriages with men from these countries and thai woman to secure huge land plots in Isaan.