The Philippines Foreigner Problem – What No One Wants to Admit Openly

Comments · 74

• AB

  @Abklips · 6 days ago

  The blame because expats retire here is easy to blame us. The corruption in this country like America is what really hurts the people!

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• AB

  @Abklips · 6 days ago

  If all the expats spend all their money in the Philippines,how is that hurting the economy?!

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• GO

  @goatman3828 · 6 days ago

  So Filipinos blame expats for the locals jacking up prices on foreigners, when the foreigner can't own the property? And higher food prices because the local vendor jacks up prices to screw the foreigner? Seems the locals are the ones screwing the locals. And the locals are the ones screwing the foreigners. Only one place to lay that blame.

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• GE

  @geraldbaker42 · 4 days ago

  other countries too....they want expat and tourist money but complain about foreigners

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• ED

  @edwinholcombe2741 · 8 days ago

  Very honest and practical

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• BR

  @brightlight6113 · 2 days ago

  This happens in the west too.  Rich Americans pushing up the prices in. Amsterdam,  Lisbon,  Barcelona etc

• SC

  @scotthostetter8849 · 5 days ago

  This video should be required for anyone to watch before even starting to think about living in the PH. Very well done !

• DA

  @DaveStrickland-x9g · 4 days ago (edited)

  The street scenery is in Thailand, not the Philippines, who drive on the right hand side of the road.  An excellent and informative presentation.

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• GL

  @glentomkins8044 · 2 days ago

  This is a problem everywhere not just in the Philippines.  Australians are having political discussions about reducing immigration to reduce house prices here even though most buyers are Australian.  The important things for any foreigner to do in that situation are not to pay more than the going rate for anything so as not to upset the local economy for the locals, and also to use some of his surplus funds to give people a hand up when they are struggling.  As a foreigner you will always be treated differently by the locals but it helps if you expect to be treated like a generous individual rather than an ATM.

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• SA

  @Sam-y6u6p · 9 days ago

  True there are local enclaves of expats, but outside of those locations the population is less the 1/2 of one percent. &nbsp;Point .4% of a market does not shit the market. This is especialu true when the expat has the locals help him find an apartment at close to local market rate. Surely, somebody knows that the expat generates wealth to the nation, and helps stabilize the Peso. The Peso devaluation is not caused by the expat, but the Philippines import important goods like oil. The import of oil has far more force that the small effect of expat (export dollars). The Philippines imports almost all of it oil, at world prices. Higher oil price does generate inflation and the devaluation of the Peso. Peso Inflation, and devaluation of the &nbsp;Peso is caused by importing goods. &nbsp;Income dollars, such as tourists, and expats are viewed as exports. Almost of the expats dollars are spent in the Philippines. You are often misstating the case. The prime issue is that Philippines wages are not keeping pace with inflation. The author should take same courses in Economics. Gentrification occurs in all countries, whether there is tourism or not. Old houses are replaced by new houses. If a house has a useful life of 50 or 60 years, constant renewal occurs. &nbsp;There are 3 types of obsolescence&quot; functional, economic, and physical. When any one of the conditions occur obsolescence occurs, and the pressure to renew exists. Gentrification is mostly replacement of obsolete structures. <br><br>My house is 65 years old. the land is worth 3 million. My structure is assessed at $15,000, with 3,000 sq ft. &nbsp;Next door the house one the same sized lot the 7.500 sq. ft. The new structure has the 3 million in land, but 3.5 million in structure. The next house on the same size property, and same 3 million land value has a new 11,000 sf ft house with a structure value of 4.5 million. &nbsp;My hose is suffering extreme gentrification. My old house has 4 bedrooms, 3 baths. built stove, and oven, and dishwasher, all are about 5 years old. &nbsp;I live alone. My house, 65 years ago was the largest in 640 acres, now it is one of the smallest. &nbsp;I feel no need to have 12 bedrooms, 16 bathrooms for one person. If the land value goes up to where they will build a 10 story 200 Condo building I will move. Until then, I am happy being one mile from the city center. I can drive, bike, or walk to the city center. My child has married and moved out. Gentrification occurs in all fist wold countries also. There are very few 1,000 year old houses anywhere on earth. People should understand property markets be they write uninformed statements on properties. &nbsp;The Philippines should change their laws to take better advantage is the skill sets many expats bring into their country.The Philippines has poor infrastructure , yet some some the expats have high education and long experience in infrastructure, construction, and valuation. Many of the relationships with Philippinas involve helping to educating her children.

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• EA

  @easylikesun · 6 days ago (edited)

  Une vidéo sur les Philippines tournée en Thaïlande, ça me laisse perplexe sur la réelle connaissance du pays et de ses habitants. On y retrouve une compilation de données qu&apos;on peut aisément appliquer à de nombreux pays (ressentis des locaux, intégration réussie etc).<br><br>En fait, j&apos;ai eu l&apos;impression tout au long que l&apos;auteur parlait de la Thaïlande... J&apos;imagine facilement pourquoi vous l&apos;avez fait.

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• MI

  @michealshaffer6223 · 6 days ago

  So in essence we are hurting the Filipinos by being there that is wrong in so many ways. Well I&apos;m glad I didn&apos;t make that move. I was seriously thinking about it 🤔. But not now Specially after hearing about all the deaths of the Foreigners. I&apos;ll just find a different way to finish out my life.

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