Homeless Diver

November 10, 2008

Odd times on Boracay: hostage and squatters?

Filed under: boracay — Tags: , , , , , — JD @ 4:40 am

UPDATE: these are two different stories I had thought were in the same area. The fire was a huge area of squatters that were filled with burka wearing women selling souvenirs at tons of stalls and had partially clothed kids running amok. Personally, I disliked walking thru there, it felt like taking a wrong turn in a bad neighborhood. They had tried kicking them out before but the wire was ripped down and they moved right back into the buildings.

11102008-300x225 Odd times on Boracay: hostage and squatters?

One thing happened for sure—- there were gunshots fired, buildings on fire, lots of tear gas. A friend of mine was pulled out of the tear gas by police when they saw him as being a distinctly ‘old white guy’.

August 1, 2008

Boracay Resorts Getting Pinched by New Law

Filed under: Business, boracay — Tags: , , , , , — JD @ 3:03 pm

The Highlites that the article seems to spend a lot of time explaining:

  • Resort properties on beaches will be declared ‘agricultural’ areas to put control back in Gov’t hands
  • Supposedly, this protects occupants so they can finally put their name on the property by means of application
  • Most resorts do not OWN the land but instead are subleased thru 2 or 3 different levels of people
  • Owners (tax mapped) will have to pay the government AGAIN for the property they had been paying for over the last 30 years
  • Because everything will be open again, and this is the philippines…pretty much anyone with the most money will see their application for ownership approved.

So…If you just invested 2 million Pesos in your building and several years left on your lease contract….you can lose it all if a new person comes along and has more money to offer the Government for the newly for-sale property. You will lose, your contract will become void. The new owner will have a nice turn-key resort business package.

the article and link are below here:

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