Transcript of the above video: 

In a video I made contemporaneously with this one, which had the thumbnail of from Commissioner Gordon from The Dark Knight - basically Christopher Nolan's iteration of the Batman universe - I basically laid out the fact that this is one of those moments, and I look back on COVID as similar, where you have got to start kind of thinking, "hey we are on our own", okay, and if you have been displaced either as a tourist or somebody who is just not able to go back to their home country because of the situation in the Middle East, you need to be sort of assessing yourself at this moment I think is a good idea especially now that we are a few weeks into all of this and it is not looking like it's going to be something that just came and went, again that may be speculation, but it may not; this could be a prolonged thing. Travel through or to the Middle East may not be the most conducive thing right now and there may be folks that end up stranded here in Thailand without a lot of recourse of places to go. Something to think about amidst all of this is, "what are my long-term plans, and have they been disrupted so substantially I need to be making different arrangements than I previously thought? 

And again, the best analogy I have to this is COVID. It was something that came along that at the beginning, I myself was unfortunately sort of enthralled by the notion that "people are just freaking out, it's not going to be that crazy", and then it turned out to arguably be the most dystopian thing I ever saw in my lifetime, although things that have happened since you could argue have been even worse. That said, it was a real sea change, and it took people a long time to realize that they should be thinking differently. 

I bring up this video not particular way to push people on the idea of buying condos or something like that, but if you are in a position and you know if you are I think, or at least at the back of your mind, if you are in a position where you may find yourself either stranded here in Thailand for a prolonged period of time or you may find yourself in a position where you can't go back - or you may not have to live in Thailand necessarily, but you can't necessarily get back to where you were - I think this may happen more than anything - folks that otherwise, like to come and go from Thailand, but now they are sort of looking at the rest of the world and saying this happened a lot in COVID too, well throwing up their hands and saying "I don't want to go anywhere else, I'm just going to stay here". For any and all of those people looking at the notion of a Thai Condo might not be a terrible idea. On top of it, there may be immigration benefits now to purchasing a Thai Condo. As we have discussed in other videos, so-called long-stay visas may be possible based purely on ownership of a condo. Now there was some blowback to that coming from the local community which may or may not end up manifesting itself as making those visas less than optimal, or maybe not even having them around at all. But that said, again pending on your age and other criteria a Thai Condo might not be a bad investment, especially if you need a place effectively to hole up if you will, while these things are going on elsewhere in the world.

And I'm not trying to push it, like I'm trying to sell anybody any condos, that's not my point. I just saw about a year in to COVID, I saw a number of folks that effectively had their lives changed by the whole COVID situation - let's call it that - and yeah, they went ahead and bought a condo. It turned out for some of them to be a pretty darned good investment; it doesn't hurt that the Thai Baht isn't a terrible currency to be denominated in these days. But long story short yeah, something to look at. I mean when you are doing this reassessment based on the fact that times they have changed especially as it pertains to travel and I think moving forward it is safe to presume that this definitely was a watershed moment, it may not be a terrible idea to look at condos as an investment here in the Kingdom of Thailand.