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Chiang Mai: Stagnant property market as northern city battles for survival


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52 minutes ago, from the home of CC said:

they're investigating in Hua Hin also (so I was told) but major damage was already done in many businesses (pre covid). Perhaps post covid they'll start protection of those businesses on a more serious note..

simply ban BnB as many farangs I know are breaking the law on short staying BnB'ers anyway

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It was a beautiful city.... once.  Now for 6 months a year the air is un-breathable, development from tourism has been the usual uncontrolled debacle.   The fate of Chang Mai was already decided befor

"......the market was largely stagnant."   Has been for years, the pandemic has just made it even more stagnant.

Hasn't been beautiful since the 80s. The new city was encroaching on the old Town even by 1990. It attracts the most ghastly kind of tourist and is over run by military

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57 minutes ago, BobBKK said:

It's true that BnB has had a huge impact and I'm surprised they have not finished it off. They cracked down in Chiang Mai and now hardly any condos allow short lets - and i understand that strategy but they should take it further. 

I'm not sure how they could crack down on the new wave of BnB properties planned and under construction.  I know of 4 new, 2 recently finished, and 1 older property in one mooban which are Cn financed and occupied by (or planned for) FIFO tourists.  The new builds are huge, occupying 95% of the ~1 rai lots and with 2 or more 2 or 3 story 'homes' ... with multiple rooms. 

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1 minute ago, McTavish said:

I'm not sure how they could crack down on the new wave of BnB properties planned and under construction.  I know of 4 new, 2 recently finished, and 1 older property in one mooban which are Cn financed and occupied by (or planned for) FIFO tourists.  The new builds are huge, occupying 95% of the ~1 rai lots and with 2 or more 2 or 3 story 'homes' ... with multiple rooms. 

It's against the Hotel Act.

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3 hours ago, Thailand said:

Didn't know all that thank goodness you were around to point out all those factors.

 

But this is Chiang Mai, not Aus or the USA and looks like you have been reading the government propaganda.

If you want to see where the SMOG comes from get out and about in a couple of months then you will see the fields and the forests burning, but you knew that already. 

 

they are burning every god damn day of the year there's always some crop change going on or some garbage or dry leaves, branches or plastic to burn so burn they will!! farms up in chiang rai seem to be burning a lot this time & doi sutep keep increasing their farms all the time & their burning!! why is doi pui still closed/barricaded off you think? because it's still an ugly black char coal disgrace that national parks are shy to show to the world. nobody is doing any clean up or replanting ofcuz. just waiting for a miracle before their coffee, lychee, orange, avacado, cabbage, corn & strawberry farms etc will burn the whole forest again!!!

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4 hours ago, BobBKK said:

simply ban BnB as many farangs I know are breaking the law on short staying BnB'ers anyway

farangs huh?? so thais don't rent out via bnb????

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People came for the charm of Chiang Mai.

Now that decades of overbuilding, ridiculous restrictions on night-life, ever-worsening pollution, and mass Chinese tourism have eliminated that, what else does Chiang Mai have to offer?

For a while, an interesting scene of remote workers and entrepreneurs emerged organically, making Chiang Mai a genuine hub for that growing trend, but the junta's ignorant new visa rules neatly shot that opportunity in the head.

If I didn't have a relationship here I wouldn't stay, and we are both agreed that we will leave when her parents die. We have to live elsewhere for the first half of every year anyway because of the chronic air pollution.

 

Edited by Poet
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16 hours ago, BobBKK said:

Lived here 10 years never had a problem. My condos were chock full before Covid so you are talking out of somewhere which is not your mouth.

Your joking right.... you havnt noticed the pollution?  Oh right you have condos to rent (ok Ill keep quite but lets hope noone checks the pollution maps this year!).

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On 9/22/2020 at 11:07 AM, webfact said:

Real Estate agents reported a huge number of properties of all descriptions up for sale

All at pre-covid prices. Thai-style economics 🤡

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22 hours ago, McTavish said:

I'm not sure how they could crack down on the new wave of BnB properties planned and under construction.  I know of 4 new, 2 recently finished, and 1 older property in one mooban which are Cn financed and occupied by (or planned for) FIFO tourists.  The new builds are huge, occupying 95% of the ~1 rai lots and with 2 or more 2 or 3 story 'homes' ... with multiple rooms. 

100 000 Baht fine for anyone breaking the rules ?

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I still enjoy living in Chiang Mai.

Had a lovely 7Km walk through the jungle up to the viewpoint on the way to Wat Doi Suthep, then back down through Wat Palaat.

Weather was nice, air was clean, the company was good ...... tired now.

 

Did notice the many 'for rent' signs along Nimman as I drove past.

Not sure there's much for sale, the owners of that road like to keep a tight hold.

Edited by BritManToo
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