Chinese property giant to invest $3B in hotels, PP,SHV.
- bolueeleh
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.
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 eateriesBertros wrote:bolueeleh wrote:did you see the amount of chinese workers they brought in?Bertros wrote:
good for the construction workers and prolly the economy in general as they pump in all that money.
they still have to pay rent, buy food, etc.
just sayin'
Bertros
Money is not the problem, the problem is no money
Re: Chinese property giant to invest $3B in hotels, PP,SHV.
ok, I guess you're right, this must be the very worst thing that can happen to Cambodia.bolueeleh wrote: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 eateriesBertros wrote:bolueeleh wrote:did you see the amount of chinese workers they brought in?Bertros wrote:
good for the construction workers and prolly the economy in general as they pump in all that money.
they still have to pay rent, buy food, etc.
just sayin'
Bertros
fell better?
(fade out to "Always look on the bright side of life....")
cheers
Bertros
A taste of the bait is worth the pain of the hook.....
- bolueeleh
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.
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
Re: Chinese property giant to invest $3B in hotels, PP,SHV.
^Well said, and Cambodia is playing catch up mighty real quick!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.
The khmers developers, agents, promoters, etc. are no slouches either though, real estate is full of greed and opportunism worldwide.
Re: Chinese property giant to invest $3B in hotels, PP,SHV.
FTFYfrank 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.
Re: Chinese property giant to invest $3B in hotels, PP,SHV.
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?Barang_doa_slae wrote:Ice cream vendors should do ok, it seems every chinese worker I see strolling around end of afternoons is licking on one.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.
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- The Dark Horse
- Posts: 1298
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.
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.Raybull wrote: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?Barang_doa_slae wrote:Ice cream vendors should do ok, it seems every chinese worker I see strolling around end of afternoons is licking on one.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.
- cptrelentless
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.
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.
- bolueeleh
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Re: Chinese property giant to invest $3B in hotels, PP,SHV.
those are the odd free n easy chinese tourist, most come in tour groups and tour groups bring them to chinese restaurantcptrelentless 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.
Money is not the problem, the problem is no money
Re: Chinese property giant to invest $3B in hotels, PP,SHV.
A most succinct conceptualization of the situation.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.
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