I will not disagree with your statement because i knew for a fact that it really happens and could happen. That is one of the sad reality here in the Philippines. Its the government policy that prohibit a foreigner to own a land here. Cant do anything to change it. At the end of the day,its always your decision and choices that matters. And as a foreigner its your choice to buy or not to buy. Buying a property here is not pretty safe to be honest, even for filipinos. Like,the title is lost,or is not authentic,no clean title,is complicated, or the property is disputed,etc. Its always a risk.