Everyone in the area understands that recent years have not been kind to the local real estate market.The economic recession has also been brutal for many homeowners, as many have seen the values of their properties drop to the point where they sit below the amounts that they owe on their mortgages.
What sounds more appealing: Generic rooms devoid of grace and charm or boutique hotel in Bangkok which have all the facilities of a five star hotel while costing less than a three star hotel in countries like the United States?