Thai Real Estate Association President's Concerns

Pornarit Chounchaisit, the president of the Thai Real Estate Association, has voiced concerns about the potential economic impact on Thailand, regardless of whether Donald Trump or Kamala Harris wins the US election. Current polls show a close race, with Harris trailing Trump by just over 1%.

Chounchaisit anticipates that if Harris wins, the continuation of intense conflict in the Middle East could lead to increased fuel and transportation costs, adversely affecting construction expenses and potentially driving up house prices. Conversely, a Trump victory could reignite trade tensions with China, leading to increased trade barriers and tariffs, further straining Thailand's economic landscape.

Thai Condominium Association President's Perspective

Prasert Taedullayasatit, the president of the Thai Condominium Association, emphasizes the need for Thailand to adapt to changes in major economies like the US. He suggests that Thailand should focus on helping itself rather than expecting global conditions to improve.

Housing Business Association President's Insights

Sunthorn Sathaporn, the president of the Housing Business Association, highlights the importance of stability in global markets. He believes that resolving ongoing geopolitical conflicts, such as the war in Ukraine, would greatly improve the global situation. Additionally, the environmental policies of the two candidates present significant implications for global environmental policies. Experts also caution that if Trump reinstates efforts to remove Thailand from the list of countries receiving tax benefits, it could hinder Thailand's export capabilities and further complicate the nation's economic recovery.