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Jingthing

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Everything posted by Jingthing

  1. Right no bank letter IF you do it. I don't think people should. Just comply with the balance rules to qualify for the next extension.
  2. Is there any consequence for skipping this check as long as you are in compliance for the next extension? We had a report from a Jomtien expat that pushed this question. The answer.given was NO CONSEQUENCE Of course you are correct 90 day address reports are totally separate and indeed are required.
  3. No. If not complying it shows up at next extension. If complying whether you showed up or not for that Mickey Mouse report is a moot point!
  4. This is the charity equivalent of insulting with faint praise. How was the lead actor? Well he knew his lines. How much did Thailand? 2 million baht.
  5. The problem with huge companies buying huge inventories of single family homes by high bidding is that inflates the prices even more for sales and rentals and squeezes out opportunities for more lower end buyers. Housing even further into the territory of investment vehicle and further away from basic human need. For anyone that cares about increasing the supply of AFFORDABLE HOUSING this is clearly a destructive trend.
  6. Try this place. 0818655971 You buy the bottles. Call in the morning for same day service usually. 50 each
  7. https://www.probuilder.com/demand-mcmansions-decline Demand For McMansions On The Decline Despite the derisive name, McMansions were hot property a decade or so ago. Now, they are on their way out. Business Insider, citing data from Trulia, reports that the premiums paid for McMansions (defined as mass-produced suburban homes that measure between 3,000 and 5,000 square feet) have declined in 85 of the 100 biggest U.S. cities.
  8. A donation that tiny would be better sent anonomously. Its embarasing.
  9. A drop in a drop in a drop in a drop in a drop in the THIMBLE
  10. Well running a car is pretty much required for the vast majority of Americans though an increasing number are living in them. That design is part of the root of this problem.
  11. Not sure about hedge funds specifically but you're spot on about the destructive phenom of firms buying up massive inventories of regular homes to milk rental yields. https://edition.cnn.com/2021/08/02/business/family-homes-wall-street/index.html Certain markets are especially impacted by these mass buying companies. Such as Charlotte and Atlanta.
  12. Actually I think your comment is very dated. The McMansion trend tanked a long time ago! I agree it would be good to greatly increase the stock of much smaller spaces. But just try and build a multi unit building in an area zoned for single family homes. The neighbors would riot.
  13. I think you're mistaken. When people talk that way it's almost always about the SAME house. Such as the suburban house I grew up in. Bought for 30K which was a stretch for my parents. Most recent sale. Just short of a million dollars. Modest sized two story house three bedrooms two baths.
  14. This video is informative because it highlights that this housing affordability crisis is NATIONAL in scope. It's not limited to internationally famous big cities, glamorous resorts, or near the beach locations. Of course within that there are of course still localized variations.
  15. Bottom line: FUBAR https://www.forbes.com/sites/forbesnonprofitcouncil/2021/09/07/there-is-no-easy-fix-for-the-affordable-housing-crisis/?sh=3301ba9173b7 There Is No Easy Fix For The Affordable Housing Crisis Although housing is a basic human need, affordable housing is increasingly difficult to attain for many Americans.
  16. That kind of thing is simply not happening to any meaningful degree. We as citizens must deal with the realities as they actually exist. Not fantasies that are very unlikely to happen. I mentioned before a hopeful trend of tiny house communities. But alas its extremely difficult to get zoning approval for such projects out of fear of declining property values and fear mongering about crime risk. The truth is that owners / the more moneyed people in power are much more interested in fighting against such affordable housing efforts than supporting them. Money number one.
  17. Getting back to the math which could be applied to the worker in the 80 dollar Filipino apartment or an American on a lower social security check who at one time managed to qualify for a lower end apartment. If the rents are going up astronomically say for example 40 percent over two.years the income increases aren't nearly meeting that So as detailed before many people will still be able to hang on for some period of time but there will be a vicious personal price in deprivation of all other spending categories. So full homelessness is the extreme end result of that price squeeze. A much bigger group is in the earlier stages of that suffering downward spiral. Relating directly to the the topic why would most lower wealth / income expats CHOOSE to return to a country offering them such a <deleted> poor supply of housing options? Even if they could initially barely qualify for some substandard unit where will they be in five years given the trends?
  18. I just looked up salaries for a service crew worker at Jollibees in the Philippines 242 dollars a month. Under typical rental affordability ratios of rent at one third salary yes such a worker should qualify for a 80 dollar rental.
  19. You should just watch the movie anyway. It is excellent! Though I must admit I was confused by the ending so I had to look it up for an explanation.
  20. The existence of those 80 dollar a month liveable townhouses in urban areas of Philippine provinces interests me. Entire families live in such units which would usually mean more than one financial contributor. While if I moved there I would be more interested in perhaps a 400 dollar place of course to Americans an 80 dollar a month rent sounds fantastically cheap. But as these are in the Philippine economy they are not seen as that ridiculously cheap by locals. I am wondering relatively speaking what the American equivalent to 80 dollars would be in an average level American city. I really don't know but my assumption is still pretty low. To me that points out the core problem. Very little supply of very basic housing that pretty much everyone even with minimum wage job or low social security can easily afford and still have money for all other basic human needs. Yes I know there are many homeless or living in cardboard structures in the Philippines. But I'm making the assumption that a Filipino in the provinces with a full time job like fast food worker could pay 80 dollars for rent.
  21. They haven't even begun their announced study of this and you know the final results. Interesting.

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