Investment in land has its unique, irresistible charms. On the one hand, there is a limited supply of it, so one can rest assured its prices can only go up. On the other, ask anyone who bought a plot shortly before the 1997 financial crisis and you'll know how it can also become a sticky mess.
People check out foreclosed property listings at a recent property fair in Bangkok. WEERAWONG WONGPREEDEE
But this asset class never goes out of fashion, all the more so when the economy is on an upward trend and especially after safeguards have been put in place following the bitter lessons of 1997.
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