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  1. Join Date
    Mar 2006
    Posts
    12,989
    #3381
    golden goose egg gone spoilt

    Once touted as manna from heaven, at least by office and residential space landlords, the controversial Philippine Offshore Gaming Operators (POGOs) industry is now contracting. Many of these POGOs and their service providers are now leaving the Philippines.

    Almost 300,000 square meters or 17 percent of total office space will be vacant by year-end, said property analyst David Leechiu, president and CEO of Leechiu Property Consultants during the relaunch of Property Report PH last week.
    POGOs are packing up - Property Report

  2. Join Date
    Oct 2012
    Posts
    25,927
    #3382
    Quote Originally Posted by baludoy View Post
    golden goose egg gone spoilt



    POGOs are packing up - Property Report
    hopefully mawala na ang wuhan virus sa bansa.

  3. Join Date
    Mar 2008
    Posts
    37,959
    #3383
    Quote Originally Posted by StockEngine View Post
    hopefully mawala na ang wuhan virus sa bansa.
    too late.
    they already opened pandora's box earlier.
    heh heh heh.
    joke?

  4. Join Date
    Mar 2006
    Posts
    12,989
    #3384
    ^ the irony here is that the chinese pogo mainland workers are mainly credited for bringing the virus here (but not according to the gov't) and now they're scared shiteless of filipinos infecting them.

  5. Join Date
    Oct 2012
    Posts
    25,927
    #3385
    Quote Originally Posted by dr. d View Post
    too late.
    they already opened pandora's box earlier.
    heh heh heh.
    joke?
    maybe it is ... a small cleaning might or might not help..

  6. Join Date
    Mar 2008
    Posts
    37,959
    #3386
    Quote Originally Posted by StockEngine View Post
    maybe it is ... a small cleaning might or might not help..
    every little bit helps.

    ang napuna ko lang,
    condo prices and rent prices went up, when the pogoes arrived.
    that is, if the media are to be believed.

  7. Join Date
    May 2014
    Posts
    13,406
    #3387
    Quote Originally Posted by baludoy View Post
    golden goose egg gone spoilt



    POGOs are packing up - Property Report
    buti nabenta ni papa yung mga paupahan nung peak na. nabigla sya sa offer, parang 5x yata nung value. kawawa yun nag invest, pero maganda kaya ito mag normalized na ang rental rates for pinoys?

  8. Join Date
    Oct 2012
    Posts
    25,927
    #3388
    Quote Originally Posted by dr. d View Post
    every little bit helps.

    ang napuna ko lang,
    condo prices and rent prices went up, when the pogoes arrived.
    that is, if the media are to be believed.
    some media are "sponsored" , anything's possible with these real estate giants.
    Last edited by StockEngine; October 24th, 2020 at 12:45 PM.

  9. Join Date
    Mar 2008
    Posts
    37,959
    #3389
    Quote Originally Posted by ninjababez View Post
    buti nabenta ni papa yung mga paupahan nung peak na. nabigla sya sa offer, parang 5x yata nung value. kawawa yun nag invest, pero maganda kaya ito mag normalized na ang rental rates for pinoys?
    i have always suspected these mainlanders who come here as if an invading army.
    they are well-financed..
    they were probably up to no good (for us).
    suspect.. suspect...

  10. Join Date
    Nov 2005
    Posts
    34,818
    #3390
    Quote Originally Posted by dr. d View Post
    every little bit helps.

    ang napuna ko lang,
    condo prices and rent prices went up, when the pogoes arrived.
    that is, if the media are to be believed.
    bakit media?

    local renters/buyers experienced first hand that they can't afford to rent/purchase coz foreigners have bid up prices

    no need for media to tell us that happened

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Philippine Economy Talk