Are prices dropping in SEA because of the global recession?

[QuantativeAnalyticalBS]

Title.

 

[KingOfAsia]

they have recession in asia. but the west has extremely stable economies so we escaped it and are fine

 

[QuantativeAnalyticalBS]

they have recession in asia. but the west has extremely stable economies so we escaped it and are fine

Yep. I'm fairly certain apartments are dropping in price. But grocery prices have gone up in general in places like Vietnam. The pound sterling is doing really well. It's a good time to SEAmax.

 

[AlexBrown84]

idk, i’m insulated from such commoner worries

but conversion looks a little more favorable compared to one year ago

 

[BeardedUnicorn]

What evidence is there that prices are dropping? Could be just overall inflation and less people travelling

 

[younglivinglife]

Yep. I'm fairly certain apartments are dropping in price. But grocery prices have gone up in general in places like Vietnam. The pound sterling is doing really well. It's a good time to SEAmax.

Apartments have never been a good investment there. In last 2 years neither