Roamer yes there are some crazy prices being quoted to farangs in Pattaya but I've also see some quite passable houses (obviously a bit further back and not beach front locations) aimed at Thais for less than 2 million baht.
Makes me laugh when I see some of the outrageous prices being quoted for homes on Samui or Phuket in the sunday supplements that as you say the "buyers" don't really own.
Its really quite outrageous that the supposed respectable high end estate agents in those cases get involved in the shakey "ownership" schemes that may convince buyers not too familiar with Thailand that they will actually own their new luxury holiday home.
Simie.
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