Overseas property investors can strike yet another destination of their list. Violent protests in Thailand which left one person dead and 43 injured have put a black cloud on the otherwise booming property market in Thailand.Thai stocks are set to fall, with fears of further political unrest dominating the market.
Credit Suisse Group are advising investors to avoid stocks in Thailand and to re-think property investments. A statement from them suggested violence will continue and the country will soon become 'ungovernable'.
British holidaymakers are being warned to avoid trouble-hit Thailand unless it's very essential. Frequent attacks, including bombing and shooting, due to insurgency and civil unrest continue.
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