BTW, the change to global income tax if they pass the draft proposal will flush out some distressed sellers, so there may be some real bargains next year.
1m Baht. I would only deposit with a well-established bank, Krungsri BBK ok, but there are some ify owns. I am gonna be non-tax resident next year transfer a large sum to put on term deposit so i will check them out.
BTW, which bank is offering 5% interest. I hope it a reputable bank as the depositor protection is close to nothing. I remember a story 2 years ago where a bank employee raid 100's of Farang account.
There are many empty apartments because many Thai bought them to hide their money. Very few DTV visa are conversions join the DTV group and you see they no nothing about thailand.
I think you need to look at the break down of nationality of expats and their individual impact on any statistic. 70% of expats are probably domestic workers and are not active in the condo rental market. Your 3-4 million count is misleading for the real-estate sector.