Chinese property giant to invest $3B in hotels, PP,SHV.

Whether you're a working stiff or a business owner yourself, this is the place to discuss all aspects of financing your drinking habit ;-)

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bolueeleh
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby bolueeleh » Fri Jan 06, 2017 12:53 am

Bertros wrote:
bolueeleh wrote:
Bertros wrote:
good for the construction workers and prolly the economy in general as they pump in all that money.
did you see the amount of chinese workers they brought in?


they still have to pay rent, buy food, etc.

just sayin'


Bertros :hattip:
they lived at dorms in the construction sites, they shared money and cooked on site most of the times, even if they eat out it is mostly chinese eateries
Money is not the problem, the problem is no money
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby Bertros » Fri Jan 06, 2017 3:47 am

bolueeleh wrote:
Bertros wrote:
bolueeleh wrote:
Bertros wrote:
good for the construction workers and prolly the economy in general as they pump in all that money.
did you see the amount of chinese workers they brought in?


they still have to pay rent, buy food, etc.

just sayin'


Bertros :hattip:
they lived at dorms in the construction sites, they shared money and cooked on site most of the times, even if they eat out it is mostly chinese eateries
ok, I guess you're right, this must be the very worst thing that can happen to Cambodia.

fell better?

(fade out to "Always look on the bright side of life....")

cheers


Bertros :hattip:
A taste of the bait is worth the pain of the hook.....
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bolueeleh
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby bolueeleh » Fri Jan 06, 2017 10:36 am

yes actually this is the worst that can happen to any country, foreign investment that doesnt really help the local economy but instead driving up property prices and commodities, putting home ownership out of many ordinary citizens reach, this is what decades of greed and unabated growth has done to the world.
Money is not the problem, the problem is no money
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby Raybull » Fri Jan 06, 2017 11:30 am

bolueeleh wrote:yes actually this is the worst that can happen to any country, foreign investment that doesnt really help the local economy but instead driving up property prices and commodities, putting home ownership out of many ordinary citizens reach, this is what decades of greed and unabated growth has done to the world.
^Well said, and Cambodia is playing catch up mighty real quick!
The khmers developers, agents, promoters, etc. are no slouches either though, real estate is full of greed and opportunism worldwide.
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby Raybull » Fri Jan 06, 2017 11:36 am

frank lee bent wrote:this will fuck SHV.
local people are already screwed in terms of the altered demographic with the prepaid model and all money being funneled into the operators.
nothing falls off for the poor locals.
FTFY
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby Raybull » Fri Jan 06, 2017 11:39 am

Barang_doa_slae wrote:
frank lee bent wrote:this will fuck SHV.
local people are already screwed in terms of the altered demographic with the prepaid model and all money being funneled into the operators.
nothing falls off for the locals.
Ice cream vendors should do ok, it seems every chinese worker I see strolling around end of afternoons is licking on one.
Especially in Victory Hill, it's quite a phenomenon there. Is there a Chinese owned ice cream truck yet or some type of specialty seller targeting them?
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby Barang_doa_slae » Fri Jan 06, 2017 1:46 pm

Raybull wrote:
Barang_doa_slae wrote:
frank lee bent wrote:this will fuck SHV.
local people are already screwed in terms of the altered demographic with the prepaid model and all money being funneled into the operators.
nothing falls off for the locals.
Ice cream vendors should do ok, it seems every chinese worker I see strolling around end of afternoons is licking on one.
Especially in Victory Hill, it's quite a phenomenon there. Is there a Chinese owned ice cream truck yet or some type of specialty seller targeting them?
Not that I am aware of. Many of them raid the corner mini mart in group. A few weeks ago I had the pleasure of using a strong and firm voice to tell one of them to go smoke his cigarette outside.
:rulez:
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby cptrelentless » Fri Jan 06, 2017 5:05 pm

Whenever I eat at Maurice's there has been at least one Chinese couple awkwardly ordering too many dishes. The Chinese do eat out, certainly the middle class ones, anyhow.
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby bolueeleh » Fri Jan 06, 2017 8:20 pm

cptrelentless wrote:Whenever I eat at Maurice's there has been at least one Chinese couple awkwardly ordering too many dishes. The Chinese do eat out, certainly the middle class ones, anyhow.
those are the odd free n easy chinese tourist, most come in tour groups and tour groups bring them to chinese restaurant
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.

Postby Luigi » Fri Jan 06, 2017 9:42 pm

bolueeleh wrote:yes actually this is the worst that can happen to any country, foreign investment that doesnt really help the local economy but instead driving up property prices and commodities, putting home ownership out of many ordinary citizens reach, this is what decades of greed and unabated growth has done to the world.
A most succinct conceptualization of the situation. :hattip:

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