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  1. #26
    Thailand Expat helge's Avatar
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    Quote Originally Posted by JPPR2 View Post
    very few own their home outright.
    Then they "rent".

    I guess the clever ones don't pay down their loans.

    You can get 30 years and close to 1% interest.

    I paid mine off years ago; if today I wouldn't


    Capitalism is broken when you have to pay interest for having your money IN the bank.

  2. #27
    Thailand Expat Slick's Avatar
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    Quote Originally Posted by bsnub View Post
    Too bad that you had to drive an hour to get there.
    Actually its about 2 minutes by motorbike.

  3. #28
    CCBW JPPR2's Avatar
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    Quote Originally Posted by helge View Post
    I paid mine off years ago; if today I wouldn't
    I did too. Learned some very painful lessons on why you shouldn't ever pay your house off. You are worth more being in debt up to your eyeballs and strangely enough it gives you more buying power.
    However here cash is king and being debt free is a rewarding stress free feeling.

  4. #29
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    I did a bit of shopping Elon Musk style: - Spend Elon Musk Fortune!

    The receipt
    The Millionaire Next Door-shopping-elon-jpg

  5. #30
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    Quote Originally Posted by Ukan Kizmiaz View Post
    I did a bit of shopping Elon Musk style
    That is billionaire style.

  6. #31
    Thailand Expat misskit's Avatar
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    None of us living next door to an Elon Musk!

  7. #32
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    Quote Originally Posted by misskit View Post
    None of us living next door to an Elon Musk!
    No because he has sold all his houses and all trappings...

    Elon Musk Really Is Living in a Tiny Prefab House in Texas

    ...but all this is a waste of time.

  8. #33
    Chinese spy
    sabang's Avatar
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    This thread is not the Billionaire Next Door.

  9. #34
    Thailand Expat
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    Quote Originally Posted by sabang View Post
    This thread is not the Billionaire Next Door.
    Snubs is a property billionaire, hence why he moved it up.........

  10. #35
    Thailand Expat helge's Avatar
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    Quote Originally Posted by JPPR2 View Post
    being debt free is a rewarding stress free feeling
    Yes

    That's one thing less to worry about

    Kids still need some rice though

  11. #36
    Thailand Expat terry57's Avatar
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    A million dollars these days in Boganland is fuck all.

    Any shitstain who has a decent job and owns their house is a walk up start and there are a heap of fukers in that boat.

    On the other hand if one has pissed around in Thailand being a broke arse English teacher and has the equivalent of 20 baht in the bank ( Willy wanker ) they will be destined to die of starvation and a fetid infected arsehole.

    Thats also Willy wanker.

  12. #37
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    Quote Originally Posted by terry57 View Post
    A million dollars these days in Boganland is fuck all.
    Finally, Twerry speaks some sense.

    Quote Originally Posted by terry57 View Post
    Any shitstain who has a decent job and owns their house is a walk up start and there are a heap of fukers in that boat.
    Unless you live in swamp in central Floriduh.


  13. #38
    Thailand Expat Saint Willy's Avatar
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    Quote Originally Posted by terry57 View Post
    A million dollars these days in Boganland is fuck all.

    Any shitstain who has a decent job and owns their house is a walk up start and there are a heap of fukers in that boat.

    On the other hand if one has pissed around in Thailand being a broke arse English teacher and has the equivalent of 20 baht in the bank ( Willy wanker ) they will be destined to die of starvation and a fetid infected arsehole.

    Thats also Willy wanker.
    Tel, I don’t have 20 baht

  14. #39
    Thailand Expat havnfun's Avatar
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    And there is plenty of millionaires living in Thailand anyway.
    Imagine a 5 minute from the beach 128 square meter condo on the sixth floor, with 2 bedrooms for less than 100,000 US dollars.

    2 bedrooms condo for sale, Thepprasit, Pattaya. 📌 Condo for sale in Chonburi | Thailand-Property

  15. #40
    Im bored AF Backspin's Avatar
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    Quote Originally Posted by havnfun View Post
    And there is plenty of millionaires living in Thailand anyway.
    Imagine a 5 minute from the beach 128 square meter condo on the sixth floor, with 2 bedrooms for less than 100,000 US dollars.

    2 bedrooms condo for sale, Thepprasit, Pattaya.  Condo for sale in Chonburi | Thailand-Property
    The world is flooded with millionaires and billionaires today thanks to the flood of money printed by the central banks.

    But the crash always comes. And this is going to be one for the record books. Just like the roaring 20's, legions of these paper rich phonies will be wiped out. Rich family dynasties will be dissolved into nothing. And i will laugh my ass off at them.

  16. #41
    Thailand Expat havnfun's Avatar
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    Quote Originally Posted by Backspin View Post
    The world is flooded with millionaires and billionaires today thanks to the flood of money printed by the central banks.

    But the crash always comes. And this is going to be one for the record books. Just like the roaring 20's, legions of these paper rich phonies will be wiped out. Rich family dynasties will be dissolved into nothing. And i will laugh my ass off at them.
    Not if you own it! the point is to get out of debt, all of those paper rich can fall and I will kick them on the way down just as hard as you, I'm just pointing out that you can buy a property over here in your own name with legal title 5 minutes from Jomtien beach, for under 75.000 USD.
    And some would kinda think, better do it soon.

  17. #42
    Thailand Expat
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    Quote Originally Posted by Backspin View Post
    This hyper financialized economy works for nobody.
    Don't forget the bankers/their government departments tasked with "managing" the "economy".

  18. #43
    Thailand Expat
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    Sven Henrich

    @NorthmanTrader

    "No bubble behavior here:

    A mansion in north Scottsdale's Silverleaf area sold twice in one day The buyer paid $17.5M cash for a mansion. He purchased the nine bedroom, 9 bathroom house from another buyer, who paid $15 million for it earlier that day."


    The Millionaire Next Door-cbctt4ps-jpg
    A tray full of GOLD is not worth a moment in time.

  19. #44
    Chinese spy
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    Does he need a pool guy?

  20. #45
    Thailand Expat Saint Willy's Avatar
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    Quote Originally Posted by havnfun View Post
    And there is plenty y
    There are.

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