This country has so many strikes against it that no sane person should negotiate with. Let's begin.
Low quality of life and high costs. Even in Cebu now for a small studio rent is 25k for a cramped space with no internet / cable. Value for money is really in the gutter now. A lot of pensioners opt to move to the provinces to save money but you leave yourself exposed to 3rd world nonsense unless you are a smiley boomer that constantly tries to ingratiate themselves to Pinoys.
The people. Not particularly friendly and there's a huge stigma against foreigners nowadays so callous attitudes and bad service are heightened. This also extends to the many retirees being whacked on a daily basis. Most dangerous country in SEA. There is a growing animosity and I experienced it daily from shopping at the neighborhood grocery outlet to immigration officers wielding power.
The women. Unremarkable. Incompatible with westerners other than English speaking. Flaky. Unreliable. A lot of folks come here for this reason but its very bad to uproot yourself from your home country unless you are chronically lonely. I also think Korean and Chinese tourism and residence are bringing in more competition and money so westerners get scraps and prostitutes now. A lot of the quality women won't be caught dead with foreigners nowadays even if you are under 30, dress well and are respectful.
There are much better countries in the region for these things. I personally think that the superstar of the Philippines is the incredibly generous visa scheme afforded to foreign people such as the 13A or SRRV programs that make an extended stay possible for not too much money. But imo this is still not enough to deal with the bureaucratic, corrupt system in PI.
Why do you guys stay?