lef
17 Aug 2007
Life / Poor Poland? [34]
You seem pretty easy to fool, the points to consider here is that Polish property is overpriced and don't be fooled in thinking otherwise, secondly average income is still very low compared to that of other countries, ie income and price of houses ration, check out what people in other countries pay for a house and what they earn, if your lucky enough to earn 3000zl a month you would be probably looking for your last zlote before your next pay arrives, let alone pay for a mortgage and cost associated with owning a house.
Some of our English property advisor's have still a lot to learn perhaps they still believe in what they read in the comics
Ok, I've changed my mind due to BubbaWoo PM. In some cases buying a flat and taking a mortgage loan can be good investment, and it doesn't look that bad when you notice some possibilities. I also think that many of us (Poles) do not pay attention on long-term investments, we just look for sth that we can make money on quite fast, say in first 2 or 3 years.
You seem pretty easy to fool, the points to consider here is that Polish property is overpriced and don't be fooled in thinking otherwise, secondly average income is still very low compared to that of other countries, ie income and price of houses ration, check out what people in other countries pay for a house and what they earn, if your lucky enough to earn 3000zl a month you would be probably looking for your last zlote before your next pay arrives, let alone pay for a mortgage and cost associated with owning a house.
Some of our English property advisor's have still a lot to learn perhaps they still believe in what they read in the comics