Bangkok’s Big Housing Boom (& Bust)

Links:
- The Asianometry Newsletter: asianometry.com
- Patreon: / asianometry
- Twitter: / asianometry

[@tsbrownie]

Thai friends of mine were just telling me they are looking for a house in central Bangkok. Land is so expensive that the house sitting on it can range from a falling down wooden structure (literally) to a concrete and brick mini-mansion with tile or wood floors, fully furnished in built-in teak, and the price hardly flickers because of the house. The price will be based 95% on the size of the land. Fun fact: A 4000 square foot mini-mansion built by a house construction firm with good quality components, concrete and brick with aluminum windows, tile floors, etc. is around 5M to 7M baht ($150k to $200k).

[@varshard0]

Yeah, living in the city sucks. Luckily, housing is relatively cheap in rural areas for an older house. Especially an old closed village.

[@everydaydose7779]

Thats why most thai's buy cars first before houses

[@IdeaStudioBKK]

5M-7M baht is probably on the outskirts of BKK. My friend just bought a shop house in ThongLor for 34M baht. It's such a wild market. But no better city in the world to live in.

[@mysterioanonymous3206]

@@IdeaStudioBKK Really? I've been to many cities in Asia, big and small, incl. Bangkok and it doesn't make my list tbh. I find it quite overrated actually. What do you find so special about it?

[@IdeaStudioBKK]

@@mysterioanonymous3206 I think if it's not for you, that's fine, I hope you find that place that you love as much as I love BKK. I think the same way some people love NYC or SF or Paris, I feel that way about BKK. I have been fortunate enough to travel most of Southeast Asia and a fair amount of East Asia, as well as a bit in Europe and no other place compares for me. Even when I worked in Malaysia I would commute from Bangkok, I kept a second place there and would just fly in for one week a month and then I had to spend a week out in an other country for my job before heading back to bangkok for two weeks. The primary thing is Thai culture, that is the biggest draw to me, I love the people and the culture. The city also has an energy about it that I find mesmerising. There are a lot of intangible things about the city, but one of the tangables for me is the amazing public transportation in Bangkok. It's worlds ahead of anywhere in the US and most of Europe. and building on culture the art, music and design scenes here are so rich and layerd.

[@laughing5559]

The vacancy rate can be misleading in Thailand. Thailand has some of the highest number of foreign owned condos that they are not actually living in simply due to being somewhere else in the world at the moment. To complicate things, foreigners must own less than a majority of the units (or it might be floor area, I don't remember) of condo units.

[@SiameseCheese]

The 50 percent rule is actually a good thing. That in a way encourages owner occupied residences. For Condos, I have never seen condos owned 50 percent by foriegners. The vast majority rent, for good reason. Its less risky. If I was a foreigner with limited residency rights I would not own either.

[@IdeaStudioBKK]

Amazing video, and you did pretty good with most of the names, but if you ever want a hand with Thai pronuciations feel free to hit me up I can make a reference recording for you. A lot of the time the romanized spelling of Thai names isn't phonetically accurate. This particular video is so well timed for me, I am about to release a short documentary about the Sathorn Unique ghost tower and how the financial crisis of 97 played a role in creating it! cheers.

[@learneconomics2021]

The book by Robert Swiller " Irrational Exuberance " depicts extremely well how real estate bubbles are repetitive, predictable and surprisingly unforeseen

[@kalui96]

I have been binge watching your videos all weekend... and gotta say, I found it interesting and inspiring noticing the development and incremental improvements that can be seen in your videos chronologically. Your videos have undergone Kaizen. I like every single one of your videos. Thank you for furthering my education. Love from USA

[@Birdylockso]

What I want to know is how this video shed light to the current (2023) housing market of Thailand. Does it?

[@kalui96]

@@Birdylockso Well yeah, the history directly connects to how it got to this point in today's market. I live in California so I don't directly know about Thailand's situation but many aspects and happenings of Bangkok history has similarities to US. It seems like it's the same late-stage-capitalist market there as it is here, where you have some very expensive plots of land in the city. A fierce tug of war between speculators/investors, city planning regulations, and actual users... but big money is winning. The overall trend seems to be another rising price average, so it might be good to invest in high rise buildings like apartments and high tech high quality multinational construction companies. Be careful though, I see another comment saying there are failed projects. edit: I don't think Asianometry is making financial advice, and this video is not financial advice by the way

[@Birdylockso]

@@kalui96 History is always a lesson, in and of itself, provided that it sheds light on the current situation. The caption says, "Bangkok’s Big Housing Boom (& Bust)," which leads me to wonder if there is any takeaway point here. Aside from what you mentioned, which occurs every day in many markets around the world anyway, I had hoped to see more applications of this historical lesson elucidated. My own fault to assume so.

[@Birdylockso]

@@housemana You are right. TLDR. I fast forwarded to find the conclusion, but there was none. I had hoped to find useful info in the comment section, but I met you instead. Wishing to sound smart, but just another rude troll doesn't know what he's talking about. Your further useless comment will go straight to the garbage. Bye troll. LOL

[@housemana]

@@kalui96 don't worry about goofballs like that man.. self-important but actually clueless individuals that love to appear they're on the cutting edge of this or that. finance commenting WSB style andys are the worst archetype. His own fault for sure.

[@SamDeanismyname]

I watch/listen to your videos often. I never comment as I’m here to learn. I have however lived in Thailand (BKK) and have some understanding of the country. Whether coups or short sighted thinking in economic decisions, it’s still a very volatile country. It regularly repeats the same mistakes and the people often don’t have the motivation to expect more or do more to change it. Most just go with the flow. Compound that with corruption, lack of tax payers, low cost of living and materialism it’s no wonder that there’s a sense of live for today and no thoughts for tomorrow. They are often keeping the door wide open to be taken advantage of and not very many want to stand up and be a driver in change. I don’t see much different than everything you laid out from how it operates today. Nor do I see much changing tomorrow. Lovely place. Lovely people. Often short sighted and left holding the bag though. Good work on this essay. History doesn’t repeat itself, but it often rhymes.

[@tonamg53]

Pretty much spot on 👍🏻 You seems to understand Thailand more than most Thai people do… Kinda sad 🥲

[@TheAzure256]

As Thai myself, I agreed. Sadly most people content with status quo. Either by lacking political motivation or simply too busy living day to day to afford caring about politics.

[@jonaspete]

Thai people love to be "Arai gor dai" (whatever) and "sabai sabai" (chill). These attitudes probably occurred from not facing much oppression from colonisation and natural disaster.

[@brodriguez11000]

@@TheAzure256 Well the latter in a lot of countries, plus navigating it's complexities.

[@mvd4436]

Yeah if only Thailand could be more like Britain. No real estate bubbles, short sighted mistakes or government instability there lol.

[@ricardokowalski1579]

4:40 "just eight housing projects" 5:23 and yet they had FOUR separate housing government entities! Government bureaucracies created to give salaries to friends, not serve the citizens.

[@Hangover-ry9bo]

They must be learning from the western democracies.

[@Goig3D]

It's bound to happen again, for years there's been a build spree of huge condominium complexes and housing states. There's a shopping mall I go to every 4 or 5 months about 5km from where I live and it feels like every time I go there there's a brand new condo tower on the way. A lot of it, from what I've heard is catering to Chinese buyers investing in real estate., it's like a bubble inside a bubble.

[@Inspectorzinn2]

Depends on if supply is exceeding demand and if the price does not reflect the fundamentals. Simply producing significant quantities of a resource does not result in a "bubble". Is there a milk bubble because millions of gallons are produced? No. Just look at all the clowns predicting a housing crash in the US because interest rates rose. In California, prices have hardly changed because demand far outpaces supply, despite any new construction.

[@mvd4436]

@@Inspectorzinn2 This is exactly what is always said during a bubble. But no. Its wrong. The rising prices create artificial demand. And it is all the result of monetary expansion from central banks. Not real demand.

[@Lomhow]

The Chinese investing in real estate? Really? Oh I'm sure nothing could go wrong

[@gregh7457]

@@Inspectorzinn2 clowns? some cities are down 30% from the peak. i'de say thats a crash and they were/are right. we are now entering the second leg of the downturn. strap in as interest rates go up more

[@Inspectorzinn2]

@@gregh7457 What are you smoking? Out of the 50 most populous cities in the United States, only one fell more than 10% and that is San Francisco at 10.4%. Cite your sources for the multiple "cities" (towns) with housing prices down 30%. Data from the California Association of Realtors and House Price Index Datasets from the Federal Housing Finance Agency do not agree with your wild claims.

[@jaredspencer3304]

The vacancy rate is almost certainly higher in the up-scale high-rise condos. I'm always amazed at these tall, beautiful condos that clearly have just a few occupants per floor. The families with money will just buy as many as they can, but can rarely rent them out.

[@Nordic_Sky]

Buying and not renting out in a market with flat prices is about the worst investment I can imagine.

[@AllocatorsAsia]

The update to the GHB logo at 09:58 is a tragedy in itself

[@royfpga]

You do a really good job and I’m interested how you do the research to make your videos. You have a knack for presenting economic and political topics in a way that you can’t pick up just by reading the WSJ or Financial Times and similar publications. You might consider a video on how you build your videos and economic analysis. You’re on to something with this channel and keep up the great work!

[@switzerland]

You should have a look into the Swiss housing market, it‘s constantly overheated and never busting. There is a lot of messing around going on. Most people are renters, which again changes the whole dynamics. I think it‘s interesting because it‘s strange. We also have a strong population growth. We also had many anti-city suburban waves due to stronger public transport trains. The heat is not only in the city, but allover.

[@100brsta]

Swiss market has cooled down quite a bit recently. The rents are staying high, but the buying price went already down because of increased interest rates. Though I doubt it will bust anytime in near future I believe it will stay chill until (if) franc interest rates go again down.

[@frogsong100]

Very little housing was destroyed in the WWII bombings, so this is a load of rubbish.

[@Hectico2257]

Primero

[@fosahistorica2537]

Segundo en español

[@Rumade]

There's an episode of Abandoned Engineering that features a never finished Bankok luxury tower. It was an exercise in hubris and speculation. This video taught me a lot about Thai history. Thank you!

[@H0mework]

Ghost tower?

[@Birdylockso]

What I want to know is how this video shed light to the current (2023) housing market of Thailand.

[@TheBodiesInTheWaterBeckons]

There's about to be another Ghost Tower. The Nimit Langsuan Tower has been there unfinished for almost half a decade now.

[@mvd4436]

I put "abandoned Engineering" in search and no channel called that came up

[@Rumade]

@M vD it's a TV show on Yesterday channel on the UK, don't know for other countries

[@ray_99]

Commenting for the algorithm!

[@ibramley]

Asian people have a long standing (and often justified) mistrust of banks. If they have savings, or spare cash, they would rather put this money into property than place it in banks. Therefore, a lot of properties stand vacant, but are not for sale - which means that the vacant housing doesn't have the expected impact on selling prices.

[@morthim]

not a very good video. nothing stood out as interesting or informative or surprising.

[@carrotblog1746]

As a Vietnamese, I hope that two year from now, I will comeback and see the same title but for Ho Chi Minh City, Vietnam biggest city

[@JTA1961]

This guy's sideways comments & innuendos are something else...anyway...I like it. & I subscribed.

[@emilhuseynov6121]

Clicked the video immediately after I got the notification, love your videos

[@coastmansingha9980]

No mention of a guy called Rakesh Saxena. This Indian trader lost a 13-year extradition battle and is now imprisoned in Thailand. The Thai authorities accuse Rakesh Saxena of defrauding more than $80m (£48m) from the Bangkok Bank of Commerce - something he denies. The bank's collapse in 1996, under the weight of bad loans, exposed regulatory failures in the Thai banking system. Thai officials say the collapse helped spark the 1997 Asian financial crisis.

[@kevinbyrne4538]

Thank you for posting this video. USA news media don't cover stories outside of the USA, so I was completely ignorant of this financial debacle.

[@Dr_Larken]

Everyone & Their Mother: Development Co Developing the way across Thailand ! From Bangkok all the way to Yorkok! Call us for free development estimates today!

[@Dr_Larken]

@user-bt1rb4lj4d отвали,!!!

[@jackcylow]

Could you please do a video going deeper into Thailand's sex industry? For educational purposes...

[@raffriff42]

I am a terribly ignorant American. If the Vietnam War was the _second_ Indochina war, what was the first? Unless it was the SE Asia theater of WW2?

[@raffriff42]

Would the war against the French in Vietnam be the first, from the Asian POV?

[@TTminh-wh8me]

yeah true, it is the war against france. in ww2, the french surrendered indochina to the jap, and when the jap lost, indochina countries declared independence. the french wasn't happy with that so the war broke out.

[@ShubhamMishrabro]

@@raffriff42 yes French invasion was first Indochina war but fun fact British commonwealth invaded Vietnam in 1945 to disarm rebels which they were pretty successful at

[@410mson3]

Can you do a video on the Japanese Colonies and the effects of those countries after.. i.e the Greater East Asian Co-Prosperity Sphere

[@pkmtg94]

9/10 pronounciation of Chatchai Chunhavan, pretty close!

[@JoeLion55]

Despite the name of your channel, I would love to see your take on the Wall Street / Investor takeover of the US housing market over the past few years

[@practice4089]

I was shopping for my current home in 2017... every subdivision I went to had rental homes. Many houses in my neighborhood are being rented. on two sides of me and in front there are three. They are paying prices that make me wonder why

[@ssotkow]

Boom (& Bust) and recovery... now slumping again (in sidestep with China's declining property market). Future housing market in Bangkok is yet to be determined. That said, buying properties in Bangkok have always been considered safer for Chinese consumers in comparison with own Chinese market due to three payments (in tandem to three phases of project's construction) in lieu of one lump sum deposit/payment at the get go in China.

[@tonydefrenza1558]

I came here because I thought it was a House Music mix and stayed for the Thai housing presentation

[@VanBurenOfficial]

Algorithm comment

[@manflynil9751]

Brilliant research and commentary. Thank you very much.

[@thekittynews5802]

Wow! Geee man. This is an history of Thailand and you should write on your title too. Today is very different story. Thailand housing bust is different from The United States because many Thai do own more than one property so, they don't end up homeless like in the US.

[@410mson3]

My favorite KZbinr love from America 👍🏿

[@cyzcyt]

Let this be a cautionary real life example to those libertarians and anarcho capitalists. Is this what you guys want to happen to you?

[@HBMPaladin]

Regardless of the country, sooner or later we will have to accept that endeless moving into several super cities of the planet is not not sustainable. No government will solve that.

[@htaukkyanmyo4437]

In 2002, when I visited Bangkok, scars of unfinished highrises were still visible in all directions.

[@chuckygobyebye]

It's sort of weird that you stop 20 years ago with the recovery from the crash. A lot has happened since then.

[@gregh7457]

i think he ran out of time and video too long. yes you are correct, a lot has changed. I recently went back after 20 years and was shocked at how much change has happened. The place is starting to look like tokyo

[@davidw8668]

There is still a massive oversupply with 15-20% vacancies, depending on the sector😂

[@germanbeer2466]

Affordability and housing prices not as bad as Vancouver or Toronto

[@andrewjlow]

Very informative, thank you!

[@djblackprincecdn]

I have been watching your videos for a few months now and I have to say I really enjoy the topics you choose, the amount of quality research you do and how neutral your reporting on these subjects are. Really excellent work my friends.

[@fredi9204]

Surprising parallels with Finland's financial crisis and depression in the early 90s! Unlike Thailand, Finland was a rich economy, but its financial system & currency had historically been regulated. Liberalization in the 80s caused surge in lending for real estate and overvaluation of Finnish Markka; loans were made in currencies with lower interest%. Que the Soviet Union's collapse making Finland's exports uncompetitive. Finnish gov and central bank resisted devaluation and raised interest% to >20%. Deep depression ensued incl. collapse of housing prices. It ended when Markka was floated and devalued; tech boom & Nokia replaced Soviet exports. Downside: excessive austerity policies. Upside: market oriented real estate reforms e.g. lifting of rent controls, lending regulation and YIMBY policies have led to housing abundance without housing bubble. Economically Thailands seems to have done well. My friend recently visited Bangkok and was very impressed by the city and Thailand in general.

[@kaffir76]

2:18 Thailand was a Japanese ally?!?! 😮😮

[@matthewmelange]

5:10 yugioh

[@nickhubbard3671]

Well researched backgrounder - Thanks!

[@innovatronixtv5025]

Sounds like what China is experiencing now. 🙂

[@rohanrajah8839]

Very valuable information.❤

[@jeeefthegreat7555]

Most of this is totally worthless 20-30 year old data.

[@Mr.Unacceptable]

If they legalized cannabis I'd love to live here. Their absurd attitude for it is a big no at this time.I'd live on a house boat I built myself and retire.

[@tdb7992]

Thailand does have legal cannabis though. It was legalised last year.

[@karlisII]

I was quite suprised to see in this video the picture of Crystal Dave`s terrace view from his house in Pai.

[@sean_vikoren]

Thank you for your well researched enlightenments.

[@Atipat12]

Plaza Accord Form Japan 🔥🔥🔥🔥

[@repo4sale]

450,000 empty rooms??? Yeeeee Haaaaa! $10 to ??? per day with AC and POOL???

[@davidwell686]

China is a huge investor in real estate in Thailand.

[@connclissmann6514]

Great video, many thanks. Amazing how many times some of these mistakes were repeated later. Overexuberance in the financial sector seeking market share of lending on property strikes a particular chord.

[@OtherWorldExplorers]

So the CCP and the Chinese government, likely ignored this situation and assumed it couldn't happen to them too. And yet I look forward to Asianometry covering the final economic collapse of the Chinese real estate market, as it seems inevitable like a freight train running down a track.

[@adis.g6569]

Keep trolling d0g

[@RK-cj4oc]

For everyone in the west. Lets hope this does not happen. When china sneezes. The West catches a cold.

[@OtherWorldExplorers]

@@RK-cj4oc 2 years ago I would have totally agreed. But since COVID we've learned to do without China in most respects. We've begun to multi-outsource rather than uni outsource a lot of the work that we need. Major corporations are fleeing China. If China gets the flu the most we might have to worry about is wearing a mask for a week.

[@RK-cj4oc]

@@OtherWorldExplorers They are fleeing yes. But the world is interconnected. And China-US trade practically ensures that if the US china trade gets disturbed like for example china having their version of the great recession, the US economy will also slump. These 2 being so interconnected practically ensures if 1 of them recesses abnormally large both feel it.and together they will cause the entire world to have a recession.We in the west very much still have a majority of consumer items from China.

[@innosam123]

@@fl2493A lot of people did, lol.😂

[@prozac1127]

When Earth's human population gets back to 100 million let's see

[@beverlyhills7883]

The pic "Japanese soldiers leaving Bangkok" is incorrectly labelled - the soldiers pictured are Gurkhas.

[@romanregman1469]

Visiting ThighLand just for some Bangcok... Sure sounds "niece"!

[@peterkavanagh64]

Walking no cars and public yransport works better. Releasing the estuary for opening to the soils of the overall land thus will allow normality in life noylt just human bipedal

[@jimmccann3856]

What about todays Boom and Bust, never mind the ancient history please!

[@sotch2271]

Go see elsewhere

[@nomadhgnis9425]

The reason I do not want to influence you in any way on guyana's oil boom is because I want your documentary to be unbiased. I want you to do a fair assessment based on publicly available data. It would be interesting if you pick up on anything either fair or unfair in the data available. Exxon is involved. IT would be interesting to see what you come up with. 😉

[@BIueDreamm]

Invested in real estates in Thailand. Sitting on profit over the past 10 years and collecting good passive from renting out real estates. It will be more expensive 10 years later from now.

[@Atipat12]

🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌

[@thediddly]

Man who travel to Bangkok expect to see inflation, but not a long time

[@bobroberts2371]

Man who travel to Bangkok see video " Murray Head - One Night In Bangkok " on the channel " cozyhollow "

[@rohitrai6187]

Could Thai policy makers have known how to act by study economics/finance theory and experience of other countries? Or were they bound to have to go through this to get lessons for building stronger institutuons?

[@MykePagan]

“Recreational sex” industry?!?!? Is there any other kind?

[@kikolatulipe]

I learned great deal about the Asian financial crisis by reading the book of Russel Napier ! Nice video and great content!

[@peterkavanagh64]

The money the reqard is ability to walk and be normal. I found thus early with resources so I like taxes to adjust and help they who helped me to here not just recently to say I need a home not a single person I see tax jnxreases and stopping excess onyl a drive to clean the seas and the soils a need . Even bow I need less and that's who . Never mind the wind

[@ignoblesurfer6281]

Isn't it crazy that the taxpayers ALWAYS end up on the hook for this?

[@snidgeta]

Public housing projects in downtown Bangkok, like Din-daeng and Bon-khai are now in the state of next-to-collapse. I wonder if the authority could do something to make the properties meet their potential.

[@hsiungsan8063]

I don't see much chance of it happening under the current government.

[@Hangover-ry9bo]

@@hsiungsan8063 They stopped printing money, the tourism is down, the incomes are stagnant, so the income tax gives the government not much to play with. Less income less spending. They and the military do release land they don't need, but that is about it. They seam to be working in their means unless all western governments! They even put restcitions on any foreigners trying to stay in Thailand with insufficient funds and not enough income and imposed higher private heatlth insurance.

[@Hangover-ry9bo]

The authorities? you mean other peoples money right? They stopped printing money, the tourism is down, the incomes are stagnant, so the income tax gives the government not much to play with. Less income less spending. They and the military do release land they don't need, but that is about it. They seam to be working in their means unless all western governments! They even put restrictions on any foreigners trying to stay in Thailand with insufficient funds and not enough income and imposed higher private health insurance.

[@saddemgargouri]

20:00 , meanwhile when western countries suffer through a crisis ( COVID ) they expand government spending , subsidize the entire work force wages to get them to stay home , and pay business to stay afloat . Keynesian economics for me , and Austerity for you .

[@alfredalbert2970]

You have that choice when you’re spending your own money. When the UK was bailed out by the IMF in the 70s they also had budget cuts.

[@aza6513]

Hey can u make video about rice farmer, policy and politic in japan and south korea, or east asia in general,

[@TheSpecialJ11]

Sounds like they could use a land value tax.

[@chuckygobyebye]

HA HA HA HA HA HA HA HA HA HA!!!!!! Keep dreaming. Have a guess who owns all the land! They keep talking about putting in a property tax that will come into effect in, like, 15 years or something. Yes, they super-duper do need a property tax, they also need local tax to maintain the roads and local infrastructure. On a more serious note, it's hard to introduce a cost on holding property as some families and conglomerates hold stupendous amounts and value of land and at the moment it costs them next to nothing. We're talking about the nobility and palace. They have lots of land they can't be bothered developing but they don't feel like paying tax on it.

[@visittavee7773]

What happened today ?

[@ChanonWangtrirat]

Now as Thai late 90' kids learned something new

[@apacheattackhelicopter8185]

Is there a video about Thailand that doesn't mention their sex industry? 👀

[@06racing]

Bangkok is the perfect place industry

[@peterkavanagh64]

What at this time was growth welcomed? Was it I can eat and still live happy

[@albertchan8798]

Didnt this crisis also kicked off the asian financial crisis in 1997?

[@Hangover-ry9bo]

Excellent information and well presented.

[@patrick247two]

"...land suitable for only agriculture or slums..."

[@jamesmccorkle8448]

ok, so whats happened since the 1990s?

[@tsundokus]

Great stuff just commenting to help out in the alg

[@Mr.Unacceptable]

I wish they would let tuk-tuks drive around small town Canada. They could easily be EV's. With doors they could be heated and useful but for a few weeks of the year. Don't need a 40-60k 7000lb car to get the mail and milk. Whos buying a 5 year old EV with a dead battery?

[@slash2bot]

We have that in India. Called Mahindra Treo. Rural India tried them, but they have pathetic reliability. And that's India, where temperatures are more agreeable to batteries. In freezing cold, the batteries would be unreliable as hell and will have even worse range.

[@RK-cj4oc]

​@@slash2botHello sir. I am not very knowledable about batterries. But dont batteries last longer in the cold ibstad of heat?

[@slash2bot]

@@RK-cj4oc It depends on the battery chemistry. For lithium ion or LiPo batteries, the optimal range is 15 - 35 °C. And the absolute temperatures are -20 - 60°C. While this might suggest that the headroom is more on the cold side, the reality is that it rarely goes over 55°C, but it goes below freezing and -20°C in Canada, especially rural areas. At those temperatures, the battery is destroyed, it no longer holds a charge. Point two is what happens at each of those sub optimal regions. In the hot side, 36 - 60°C, cell degradation occurs, which means it loses capacity, which translates into range for EV. On the cold side, -20 - 15°C , the cell chemistry itself slows down. Intercalation occours. This means current output is lower (which means lower power). But if the EV draws more (or its rated peak current), then cell degradation will cause the battery to fail. Thus, the failure manifests itself in a different fashion: sudden battery failure, which is catastrophic for the battery. Thus, while both being too hot and too cold are harmful, both appear differently ( gradually losing capacity vs. sudden catastrophic failure). Also temperature lower than absolute minimum allowed occurs in nature, temperatures hotter than maximum do not

[@RK-cj4oc]

@@slash2bot Thank you for the comprehensive explanation. I learned alot.

[@Merle1987]

I can't imagine living in a city with an oversupply.

[@Justin-ud9rr]

Today in Bangkok there are new condos being built every year, meanwhile the existing condos are all mostly empty.

[@snidgeta]

Pure speculation, "sold out" but empty and the price keeps going up

[@CautionCU]

Love Thailand 🇹🇭🇺🇸

[@gordonliu3972]

I often wonder why there are no other cities in Thailand that come remotely close to Bangkok in size and population. It would be great if there were several Bangkoks throughout the country, each with it's own unique character.

[@sotch2271]

Did you see the video ? He explain it

[@Vanillasundaty]

Quite accurate information. good job ^ ^b

[@theMOCmaster]

lol free market is not a loaded term

[@dragosmihai1001]

cool video, thank you!

[@frankkoslowski6917]

Prostitution alone may not necessarily increase desired revenues. It is however worth acknowledging that life goes on in Pleasure Parlors, low cost Brothels, and Saloons.

[@matttyrer1445]

Interesting content. However, the streaming is very jittery, i.e. stop start stop start. Most channels that I view on KZbin, I am based in Bangkok, seem to stream smoothly, I wonder what is causing this issue for this particular channel..

[@chuckygobyebye]

I'm in Bangkok and it's smooth for me, on 3BB.

[@StarsManny]

Try changing the bit rate of the video.

[@clivebaxter6354]

well researched

[@lahma69]

Awesome as usual!

[@clausbecker9350]

Can foreigners purchase real estate in Thailand?

[@margin606]

Not allowed to buy land.

[@MithunOnTheNet]

Apartments yes, land no.

[@steffen_852]

Well done!