Families with children relocates away from Bangkok.
By K. Olsen and T. Witzansky
In Bangkok the rising land prices are pushing home prices way beyond the reach of many potential buyers.
The result is a lot fewer new developments, and the shrinking supply is pushing prices even higher.
Many of the developments are single bedroom apartments unsuitable for families with children, who are fleeing the city for the suburbs, where larger properties are available.
View the cartoon by Teddy Witzansky.
Seems the Bangkok developers sacrifice the Thai families with children on account of the more profitable condo units for foreigners and young Thais.