Chinese Media Reports Exodus From SHK
Re: Chinese Media Reports Exodus From SHK
Same here Mishmash i have no sympathy for the greedy bsts...
just see apartments in SHV for 200 a month (were 350 few months ago) 130/150 before the invasion.
Re: Chinese Media Reports Exodus From SHK
Guess some of them will be regretting turfing out Westerners on short notice.
Pleeeeeasssse come back lickety lick...
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frank lee bent
- Expatriate
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Re: Chinese Media Reports Exodus From SHK
i doubt it. the order comes from PRC.Duncan wrote: ↑Wed Oct 23, 2019 5:08 pm
I smell another backflip coming.
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Anchor Moy
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Re: Chinese Media Reports Exodus From SHK
That's all very well and very altruistic, but, as a landlord, are you really going to keep renting your place out for $100pm when your neighbour is getting $400 for the same deal? Then someone offers you $500pm. Hmm. C'mon, be honest now. Is that greedy, or just human? And can you afford to turn down an extra $400pm because that makes you a better person ?
There was also a good chance that your tenants who were paying you $100, would then turn around and sublet your place for $600.This is not exaggerated. Shophouse shacks - 1 floor, 2 rooms - were renting for $1200pm two years ago in our area. Lol. Then they got bulldozed to build highrises. Things have moved so fast.
Looking at the situation from another POV.
Last year "people " were throwing very silly money around to rent places in SHV. There was no limit to what you could ask, and it was paid. I Know a few Khmer families who rented out their homes because they were offered crazy money, enough to pay off the mortgage for example. You owe 40,000 on your house and someone offers to rent it for $2000 a month for two years, you don't say no. You move into a crappy place at $300pm and keep the change. When the gold rush is over, two years later, you pack up and move back home, considerably richer. You've paid off the house, and have enough over to fix it up and buy new furniture after your barbarian tenants leave it as a shit-fest.
I really don't blame people for trying to make the best of the situation at the time. That doesn't make them bad or greedy.
If you weren't in SHV over these past two years, you really can't understand the amount of craziness that was going on.
Re: Chinese Media Reports Exodus From SHK
The ones i quoted above did not rent to chinese , prices went up to 350 and were all rented by westerners, where as very similar ones were rented to chinese for 700 -1000Anchor Moy wrote: ↑Wed Oct 23, 2019 10:00 pmThat's all very well and very altruistic, but, as a landlord, are you really going to keep renting your place out for $100pm when your neighbour is getting $400 for the same deal? Then someone offers you $500pm. Hmm. C'mon, be honest now. Is that greedy, or just human? And can you afford to turn down an extra $400pm because that makes you a better person ?
This is not exaggerated. Shophouse shacks - 1 floor, 2 rooms - were renting for $1200pm two years ago in our area. Lol. Then they got bulldozed to build highrises. Things have moved so fast.
Looking at the situation from another POV.
Last year "people " were throwing very silly money around to rent places in SHV. There was no limit to what you could ask, and it was paid. I Know a few Khmer families who rented out their homes because they were offered crazy money, enough to pay off the mortgage for example. You owe 40,000 on your house and someone offers to rent it for $2000 a month for two years, you don't say no. You move into a crappy place at $300pm and keep the change. When the gold rush is over, two years later, you pack up and move back home, considerably richer. You've paid off the house, and have enough over to fix it up and buy new furniture after your barbarian tenants leave it as a shit-fest.
I really don't blame people for trying to make the best of the situation at the time. That doesn't make them bad or greedy.
If you weren't in SHV over these past two years, you really can't understand the amount of craziness that was going on.
my friends bar went from 500 a month to 4500, he left , now its just a pile of rubble, that was greed, now she has karma
They are starting to wish they had not alienated all the westerners now
ive been in sihanoukville for the last 8 years so ive seen all the craziness, planned to leave but may be able to stay now
here is an article from today
https://www.khmertimeskh.com/50653599/o ... extension/
Re: Chinese Media Reports Exodus From SHK
ps many of us got kicked out early , they broke contracts so they could rent to chinese, thats greed and lack of morals , now they have an empty trashed house, karma is great!adders28 wrote: ↑Wed Oct 23, 2019 10:19 pmThe ones i quoted above did not rent to chinese , prices went up to 350 and were all rented by westerners, where as very similar ones were rented to chinese for 700 -1000Anchor Moy wrote: ↑Wed Oct 23, 2019 10:00 pmThat's all very well and very altruistic, but, as a landlord, are you really going to keep renting your place out for $100pm when your neighbour is getting $400 for the same deal? Then someone offers you $500pm. Hmm. C'mon, be honest now. Is that greedy, or just human? And can you afford to turn down an extra $400pm because that makes you a better person ?
This is not exaggerated. Shophouse shacks - 1 floor, 2 rooms - were renting for $1200pm two years ago in our area. Lol. Then they got bulldozed to build highrises. Things have moved so fast.
Looking at the situation from another POV.
Last year "people " were throwing very silly money around to rent places in SHV. There was no limit to what you could ask, and it was paid. I Know a few Khmer families who rented out their homes because they were offered crazy money, enough to pay off the mortgage for example. You owe 40,000 on your house and someone offers to rent it for $2000 a month for two years, you don't say no. You move into a crappy place at $300pm and keep the change. When the gold rush is over, two years later, you pack up and move back home, considerably richer. You've paid off the house, and have enough over to fix it up and buy new furniture after your barbarian tenants leave it as a shit-fest.
I really don't blame people for trying to make the best of the situation at the time. That doesn't make them bad or greedy.
If you weren't in SHV over these past two years, you really can't understand the amount of craziness that was going on.
my friends bar went from 500 a month to 4500, he left , now its just a pile of rubble, that was greed, now she has karma
They are starting to wish they had not alienated all the westerners now
ive been in sihanoukville for the last 8 years so ive seen all the craziness, planned to leave but may be able to stay now
here is an article from today
https://www.khmertimeskh.com/50653599/o ... extension/
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Phnom Poon
- Expatriate
- Posts: 1795
- Joined: Wed Jan 16, 2019 5:44 pm
- Reputation: 892
Re: Chinese Media Reports Exodus From SHK
blame the gameAnchor Moy wrote: ↑Wed Oct 23, 2019 10:00 pm I really don't blame people for trying to make the best of the situation at the time. That doesn't make them bad or greedy.
not the player
.
monstra mihi bona!
Re: Chinese Media Reports Exodus From SHK
It's a great post bro..Anchor Moy wrote: ↑Wed Oct 23, 2019 10:00 pmThat's all very well and very altruistic, but, as a landlord, are you really going to keep renting your place out for $100pm when your neighbour is getting $400 for the same deal? Then someone offers you $500pm. Hmm. C'mon, be honest now. Is that greedy, or just human? And can you afford to turn down an extra $400pm because that makes you a better person ?
This is not exaggerated. Shophouse shacks - 1 floor, 2 rooms - were renting for $1200pm two years ago in our area. Lol. Then they got bulldozed to build highrises. Things have moved so fast.
Looking at the situation from another POV.
Last year "people " were throwing very silly money around to rent places in SHV. There was no limit to what you could ask, and it was paid. I Know a few Khmer families who rented out their homes because they were offered crazy money, enough to pay off the mortgage for example. You owe 40,000 on your house and someone offers to rent it for $2000 a month for two years, you don't say no. You move into a crappy place at $300pm and keep the change. When the gold rush is over, two years later, you pack up and move back home, considerably richer. You've paid off the house, and have enough over to fix it up and buy new furniture after your barbarian tenants leave it as a shit-fest.
I really don't blame people for trying to make the best of the situation at the time. That doesn't make them bad or greedy.
If you weren't in SHV over these past two years, you really can't understand the amount of craziness that was going on.
I think it's exactly what happened and I don't blame anyone. Neither do I cry when the bubble burst.
I do lament the way some tenants (apocryphal) were terminated early - that IS greed.
Re: Chinese Media Reports Exodus From SHK
yep agree! i did not mind paying a hundred or so more (for smaller home too) as was market prices but cutting contracts or increasing from 500 to 4500 was total greedMishmash wrote: ↑Wed Oct 23, 2019 10:26 pmIt's a great post bro..Anchor Moy wrote: ↑Wed Oct 23, 2019 10:00 pmThat's all very well and very altruistic, but, as a landlord, are you really going to keep renting your place out for $100pm when your neighbour is getting $400 for the same deal? Then someone offers you $500pm. Hmm. C'mon, be honest now. Is that greedy, or just human? And can you afford to turn down an extra $400pm because that makes you a better person ?
This is not exaggerated. Shophouse shacks - 1 floor, 2 rooms - were renting for $1200pm two years ago in our area. Lol. Then they got bulldozed to build highrises. Things have moved so fast.
Looking at the situation from another POV.
Last year "people " were throwing very silly money around to rent places in SHV. There was no limit to what you could ask, and it was paid. I Know a few Khmer families who rented out their homes because they were offered crazy money, enough to pay off the mortgage for example. You owe 40,000 on your house and someone offers to rent it for $2000 a month for two years, you don't say no. You move into a crappy place at $300pm and keep the change. When the gold rush is over, two years later, you pack up and move back home, considerably richer. You've paid off the house, and have enough over to fix it up and buy new furniture after your barbarian tenants leave it as a shit-fest.
I really don't blame people for trying to make the best of the situation at the time. That doesn't make them bad or greedy.
If you weren't in SHV over these past two years, you really can't understand the amount of craziness that was going on.
I think it's exactly what happened and I don't blame anyone. Neither do I cry when the bubble burst.
I do lament the way some tenants (apocryphal) were terminated early - that IS greed.
we all said the bubble will burst just happened sooner rather than later
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