True - but expecting compassion from a HK property development company is like the story of the frog & scorpion. Of course the scorpion stings the frog. It is a scorpion.
CX seems to be doing the right thing in at least offering a path out. (though obviously in their interest vs pilots having to resign & leave HK) |
And what "path" out is CX offering? Any boat owners care to comment?
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Seems like the perfect incentive to leave and work somewhere that gives a damn.
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Originally Posted by Air Profit
(Post 10242555)
And what "path" out is CX offering? Any boat owners care to comment?
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What was Friday’s offer? As one affected, I’d really like to know. PM if you prefer. |
Originally Posted by mngmt mole
(Post 10242294)
Very helpful Busbert. Thank you for such a positive contribution to the misery of so many of our colleagues and their families.
Boat owners have been on the merry go round of buy , pay off, sell, and pocket millions of HK$ for years. Whats pi$$ed off the local oligarcs is that they are being embarassed by expatriates, making shed loads of cash off their backs. They are angry and annoyed. To HK Resorts, (or Sino at the Gold coast ) the income from boats mooring fees is laughable. A boat boy drowned in Gold Coast, while working for a CX captain. Not Ideal. I think Gold Coast Marina will soon follow HK Resorts in clearing the livaboards. They seem to want day boats. Finally, historically, livaboards were junks, wooden and not unsightly . However, many livaboards are taking the mickey on size. I mean they are Huge, 5000 sq feet upwards. towering masses of ugly fiberglass and twin radar domes. These owners are greedy, and have ruined it for the rest of the boating community. |
Really? I can’t believe I have just read this! would you say this in public to the boat owners at the marina? I doubt it you would have the balls to do that...coward ! |
So the company are helping those who are knowingly breaking the law... On an unrelated note I wonder if the company will give me and interest free loan if I lost a shipment of blood diamonds. |
Or lend money to the thousands of local staff who will never be able to buy a “shoe box” to live in. |
This is CX - since when have moral qualms about laws been an issue? (Basing, Cargo fines) this is pragmatism along with some nepotism. CX can’t afford to lose that many crew, and some impacted are well connected. |
Some of the affected people might indeed be well-off fatcats with multiple houses, having some water-borne fun “on the merry go round of buy , pay off, sell, and pocket millions of HK$ for years”. Some however are simply crew who have moved to HKG over the last few years, found that between stamp duty and absurd real estate prices even on ARAPA/BOAS they couldn’t afford to buy anything decent, and so they tried to buy a boat to live on instead, pouring in a substantial amount of their own money in the process. They now face possible bankruptcy, victims of HKG greed and speculation, not examples of it. |
Originally Posted by Verbal Kint
(Post 10245053)
What was Friday’s offer? As one affected, I’d really like to know. PM if you prefer. |
Thanks United; haven’t yet, but will have another look. |
Just back from CX Housing. I didn't know there are actually 4 different "boat buyers" contracts, so the "offer" may not be open to all.
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Originally Posted by main_dog
(Post 10245434)
Some of the affected people might indeed be well-off fatcats with multiple houses, having some water-borne fun “on the merry go round of buy , pay off, sell, and pocket millions of HK$ for years”. Some however are simply crew who have moved to HKG over the last few years, found that between stamp duty and absurd real estate prices even on ARAPA/BOAS they couldn’t afford to buy anything decent, and so they tried to buy a boat to live on instead, pouring in a substantial amount of their own money in the process. They now face possible bankruptcy, victims of HKG greed and speculation, not examples of it. |
Ok Brokeidiot, as you’re the self - appointed repository of wisdom on HK legal matters, please point us to the specific legislation and supporting CaseLaw showing illegal use of these pleasure craft. |
Originally Posted by Verbal Kint
(Post 10245467)
Ok Brokeidiot, as you’re the self - appointed repository of wisdom on HK legal matters, please point us to the specific legislation and supporting CaseLaw showing illegal use of these pleasure craft. |
Brokeidiot, I’m sure your “holier-than-thou” attitude isn’t helping these people. While technically you are correct, you also know full well that the government closing an eye to this practice is long-established in HK in view of the limited real estate available, so much so that even the company has been understanding and has allowed it. The issue here is not the legality or lack thereof, it’s simply typical HKG greed and lack of transparency which is personally hurting some of our colleagues. |
To my affected colleagues, you are in my thoughts. As to those individuals taking delight in adding to their misery on this forum, you can be certain that every one of you will reap what you sow at some point in your own life. If you do not have anything helpful to add, then keep your otherwise negative and hurtful opinions to yourself. This is a great drama, and having a close friend and his family suffering from whats happening makes me appreciate that nothing in this godforsaken place is ever certain. To have some of your fellow pilots seemingly take perverse delight in their misfortune is sickening. BrokeIdiot, Krone, Busbert. The three of you in particular make me ill. Shame on you all.
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Coming across as “holier-than-thou” is not my intent. The point I am trying to make is the individuals must of know the risk was there. I make bad decisions in life like everyone else but don’t expect special treatment when it goes badly. |
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