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BUY or RENT a Filipino property?

Discussion in 'General Chit Chat' started by Jimmy, Jul 20, 2015.

  1. oss
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    oss Somewhere Staff Member

    We can't, at least I can't, I am simply stating the reality of the situation, I am not in a position to do anything about it for my family so as Knightstrike says above
    always look on the bright side of life.
  2. knightstrike
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    knightstrike Well-Known Member

    I'll be leaving the Philippines soon no matter what happens. With the way my UK passport application is being processed, it would take me another month or so. I don't have the luxury to wait and it seems the UK doesn't want the likes of me. I'll move to another country who'll appreciate me. I managed to get a job in New Zealand. I'll be heading there via the OFW track.

    I'll do my best to save enough money, so that I could get my siblings out of the Philippines as soon as possible. Our house is in a critical area. But my mother doesn't take it seriously. lol.

    She doesn't want to sell the house, says all the news are people just trying to scare each other. Even when I have already shown her the Phivolcs and other studies.
  3. Bootsonground
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    Bootsonground Guest

    There is..... probably (love that word!) a 50% chance that your Mother is right!
  4. Bootsonground
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    Bootsonground Guest

    Its a shame the British dont want you.. Their loss.
    I think you should treat it as a true blessing in disguise as you have picked a far better place to explore and earn a living in.. IMO.
    Congrats on your new job!
    • Like Like x 1
  5. knightstrike
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    knightstrike Well-Known Member

    Thanks. I'll probably still go there in the future. You never know. I mean that's the birthplace of my father and I still have relatives there.

    But at least the UK passport is not my priority anymore. If it arrives, it arrives.

    Yes, there's a probably a chance the earthquake will not come until a hundred years or so. But I don't want to take that chance. At least if I'm out of the country, I'll be able take my siblings with me. Contingency plan and all that.

    Better that you're crying while having a good meal, shelter and other amenities than crying with your house in shambles, no food and no water while in a disaster-struck area.
    Last edited: Jul 26, 2015
    • Agree Agree x 1
  6. Bootsonground
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    Bootsonground Guest

    Well at least you are being true to your own convictions and getting the hell out of dodge to save yourself and your family.. That I can respect.
  7. KeithAngel
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    KeithAngel 2063 Lifetime Member

    Just natures way of imposing birth control:rolleyes:
  8. Anon220806
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    Anon220806 Well-Known Member

    I would not want to suggest those already on the West Valley faultline up sticks with immediate effect. I have never once suggested that. But what I do say is this. If you have a choice then consider moving away from the West Valley faultline. If you have a choice dont move into an area in close proximity to the West Valley faultline, unless that is, you cannot afford elsewhere. Some dont have any choice. Those that do have a choice would be daft to move into the zone.

    Goverment buildings are also an issue for the government. Schools in the vicinity should be phased out. Not overnight, but over time.
  9. Bootsonground
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    Bootsonground Guest

    S
    So no panic then?
  10. Anon220806
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    Anon220806 Well-Known Member

    Who said panic? Not I.

    Just dont go and live on a volcano or on an faultline. No rocket science there.
    Last edited: Jul 26, 2015
    • Like Like x 1
  11. Aromulus
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    Aromulus The Don Staff Member

    No buying or renting for me...........
    Several reasons, most importantly I wouldn't like to have the various clans camping in my front room until they consumed my last piso...

    Hotel room for a fortnight, if I ever get to go back.
    • Like Like x 1
  12. Bootsonground
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    Bootsonground Guest

    I know just the place with a nice sea view near a beach to BBQ chicken and beef steak!!
  13. Anon04576
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    Anon04576 Well-Known Member

    There's rockets involved now? :D
  14. Anon04576
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    Anon04576 Well-Known Member

    Count me in ;)
    • Like Like x 1
  15. Anon220806
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    Anon220806 Well-Known Member

    I said no rocket science. :D
  16. KeithAngel
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    KeithAngel 2063 Lifetime Member

    takes longer than a fortnight for the clans to find you D:Dm
  17. Aromulus
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    Aromulus The Don Staff Member

    Trust me, they have inbuilt homing devices in their stomachs...
    • Funny Funny x 2
  18. Anon220806
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    Anon220806 Well-Known Member

    It is all about risk and likelihood. Thats it. Simple. Those in the West Valley fault region are high risk. Cant put it any more simpler than that. For an expat, why take that risk?
  19. Bootsonground
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    Bootsonground Guest

    Actually there are things you can do if your or your families property does not lie directly on the fault line..
    you may not be able to save lives,but its often very possible and affordable to alleviate the financial disaster should the house get damaged or completely collapses.
    House and content insurance is quite reasonable..(as low as 2400 per year for 1 Million PHP of cover)
    Worth considering perhaps.
  20. Anon220806
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    Anon220806 Well-Known Member

    I would imagine not many companies would be willing to insure against such risks, especially as Oss points out, there are also the associated knockon effects of such a quake such as liquefaction, landslides and floods etc, which would affect people out with the faultline area itself.

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