(Bangkok Post file photo)A shift in the profile of Bangkok's expatriate population is reshaping the downtown residential rental market, bringing challenges to a sector long enjoying stable occupancy and rental rates. In the early 1990s, almost exclusively Western expatriates had housing allowances of more than 40,000 baht per month. The number of Japanese expatriates appears to have stopped growing in line with the slowdown in foreign direct investment. Meanwhile, the number of Chinese expatriate employees has doubled over the last five years, becoming the second-largest expatriate nationality. Some commentators have named Ratchadaphisek Bangkok’s new "Chinatown" due to the influx of Chinese expatriates in the area.

Source: Bangkok Post November 16, 2016 06:06 UTC