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Posts by bolek  

Joined: 13 Sep 2008 / Male ♂
Last Post: 23 Jun 2010
Threads: Total: 6 / In This Archive: 3
Posts: Total: 330 / In This Archive: 165

Displayed posts: 168 / page 2 of 6
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bolek   
3 Jan 2009
Life / Wage - Expenses = It Doesn't Add Up!!! [33]

Danny

Take the top of the class for your observations, that is why the average pole stays home.. unless your British/Irish, they have it good.
bolek   
13 Jan 2009
Genealogy / How can I find a phone listing of a friend from Warsaw? [11]

And yes, of course there are hard copies of phone books and yellow pages (usually called "Panorama firm") :|

you may be right, phone books are no longer issued to each householder who has a phone.
bolek   
13 Jan 2009
News / Oil in Poland [12]

spiritus

Agreed. Poland is finally coming out of the shadows

Spiritus are you talking out the oil reserves in Poland?
bolek   
13 Jan 2009
Work / Poznan - Career Path [22]

I just arrived in Poznan from the U.S. and am actively looking for a new career within the city

You may brush this post away, but your best bet is to have a small kiosk selling american style hamburgers, coke and fries, think about it, this business has not been explored properly in Poland, just take note how wealthy the stallholders are.

Forget about teaching english at 30zl a hour, move up in the world and make it happen.
Poles love food and nothing better than a greesy hamburger, fries and a donut all year round. PS 700zl rent is nothing to pay to lease a kiosk a month.
bolek   
13 Jan 2009
Work / Poznan - Career Path [22]

Bolek, I like your style! I've been wondering myself where all the burger stands are. And I've been dying for a burger. A barbecue burger. Onions. Pickles. Jalapenos. Grease dripping down my arm. It looks like I've been a little pessimistic lately. Thanks for your input.

Thanks for the compliment sir, it shows that we could do business together! You could be the new new burger king of Poland lol. lets face it poles have not yet truly experience good take away food. The burgers are nothing like those in the US, the pizza's are terrible, and the rolls filled with cheese and mushrooms are primitive.

Like I say a good burger, fries, and coke will make heaps.. I might add the polish fries are soggy and taste like you know what.
bolek   
14 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

For those who have purchased real estate in Poland the following may not be good news.

wbj.pl/article-43971-property-prices-hit-rock-bottom.html?typ=wbj
bolek   
14 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

Please advise how you have come to this conclusion Grzegorz, I have read your post on other matters and you seem with it, however please explain your comments.

I might add if the American economic situation gets worse and I suspect it will you may well be right.
bolek   
14 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

True. And should go down at least 15% more.

can I just add this just a pee in the pond, it could be 40 odd per cent
bolek   
15 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

Since I posted the original post there has been some interesting comments, some comments suggest to me that people are trying to justify why they have purchased a property/apartment in Poland, hmm interesting.

From my point of view, I purchased a apartment approximately 8 months ago and I can say quite honestly that it has gone down in price some 10 to 15%.. and thats if somebody was prepared to pay for it, I know all too well that Poles are funny when it comes to buying real estate, they look at the price and say oh well, I could buy a vacant block and build myself. The point being that a lot of homes are advertised and never sold. It does not bother me as I'm in for the long haul and have no intention of selling.

The frightening part is that (It must be a consideration of all buyers and sellers) is the rate of the US dollar. In the spate of 6 months it has moved from 2 to 3.15zl. This relates to a 35% variation of the price of a home or apartment..
bolek   
16 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

Over 7 years ago, I purchased two vacant farms and rebuilt a house and two other buildings on one of them. My holdings include over 10 hectares of mostly forest. I must say, since 2001, the value of my property has increased quite dramatically.

Well done and congratulations, I hope you are Polands next multi millionaire, true people buying around that time made good money.,

Bolek, what did you purchase exactly, where, and for how much? If you don't mind me asking.

Prefer not to say in case I give wrong messages to people who have purchased at that location. Keep in mind its only when you sell a property that you gain or loose on the transaction.

The point being when I purchased my apartment I paid $160,000 (US) If I was buying the same property today and as I mentioned before the place has gone done some 10/15%. I would have paid about $105,000 US. Thats occurred in a 7 month period..

Get the point!!!!!!!!!!, You can make a lot of money in buying and selling currencies, the point to be made also, this would not effect a person living in Poland and not using foreign currencies.
bolek   
17 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

exactly, a lot of brits boast that they have made a lot of money in real estate in Poland, the property may have gone up but when the sell and covert back to the pound it hasn't been such a good investment.

This comment may sound strange in this current economic climate but I think the best place to invest is in property is in the US. You can now pick up good properties at bargain basement.
bolek   
18 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

The properties I was looking at haven't seen drops as large as this. In fact some of them has risen in value

It depends in what exchange rate you used to purchased the property.

In around about way I have lost about 170,000 zlote in my deal. This is as if I had to work 7 years to make this sort of money.

The lesson to learn is don't listen to suspect real estate agents who use this forum to encourage people to buy now and give a spin on the real estate situation in Poland. Its a question of dog eat dog. Be aware of the full picture which includes currency convertion rates, whether a property has gone up or down it doesn't matter, its what you are able to do with the money in a world market.
bolek   
23 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

a place where the downturn wont spoil the fun - another developing country where opportunity is rife

Bubbawoo, I have followed your threads now for some time, you have always been a good source of information and good advice to a lot of people, it is upsetting that you have left Poland, (after reading so many positive comments about tri-city) what has happened??

Bubbawoo you are the type of person that Poland needs, could I ask you to explain your experiences in Poland and in particular business experiences. good or bad.

You will be able to give us a good understanding of what is going on from a point of a non pole.
Thanks for being so loyal in the past and sorry to hear that you are no longer living in Poland.
bolek   
23 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

If they speculate positive then the price goes up, and if negative then it goes down.

They must speculate negative as they have no money!!
bolek   
24 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

Was a shrewd businessman.. what happened.

I'll let Bubbawoo tell his story.

Lets have a quessing game as to what other names BW uses.(it could even be seanus!!)
bolek   
25 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

BUBBAWOO

Thanks for your honest and frank response, I agree with all your comments but must point out that the older generations of poles are nice and decent people.

Every person interested in doing business in Poland should print and paste your comments on his desk as they are so accurate.

Doing business with a pole is a tall order as they stall, change their minds, and then blame you for everying.

I hope admin acknowleges your input and sound advice over the years as you have been a good resource of information.

I'm sure however you will soon return to Poland and this time for good, as any person who has been to Poland soon learns that no matter how bad things have been, there is something about the place that draws you back.
bolek   
28 Jan 2009
Real Estate / Real Estate hits a new low in Poland [86]

That is not the way I run my business. My number one priority is to inform my Client of the choices that are available to them and guide them with their discision.

Hmmm, you way want to share your knowledge and let us know the state of the Real Estate market in Poland, people in the know, tell me that real estate prices in mid year will reach a new low. I quess in your business its good to tell people its all hanky dory.
bolek   
3 Feb 2009
News / Peculiar opinions about Poland [33]

Stay in Poland. We don't want "smart" Poles here who are dishonest, cheat and lie. they come to America and talk about how stupid we are. We don't want you here. Hope you never get visas. We don't need more dishonest Poles.

This highlights the fact that americans are stupid people...this is a typical american response to any comments which are critical of america. The frightening part is that if I was a threat to america I would probally be killed or my country invaded. hmmm makes me think that Stalin and Hitler would have done the same!!
bolek   
4 Feb 2009
Real Estate / Typical flat offer prices in Poland [17]

nierozumiem

You are another of these so called experts, not so long ago this was your response to a question of a possible real estate crash in Poland.

You may want to stick to selling real estate, stop talking crap and giving wrong information.

crash? Really. I’ll eat my shorts if we see that. A crash would be the result of a gross over-supply of housing units (ex. Ireland, Arizona, Spanish coasts), or a significant number of owners in negative equity that were unable to meet their mortgage payments (US Subprime – Detroit, Ohio, etc). The first instance clearly does not apply to Poland and the second instance is extremely unlikely as Polish lending standards are tight, very few owners are in negative equity positions, and strong wage growth should compensate for rate increases in PLN / EUR / CHF during this period.
bolek   
5 Feb 2009
Real Estate / Typical flat offer prices in Poland [17]

I'm flattered that you think that highly of me,

True, I respect your point of view. There is no doubt in my mind that property prices in Poland will still fall, however some properties will hold in value.

Its now a time to hold onto properties. As I mentioned in a previous post if you take into account the fall and rise of the US dollar, real estate prices have gone done by approx 33 odd percent.

However you may wish to begin marinating those shorts.

I could suggest a good marinade.
bolek   
8 Feb 2009
Life / Moving back to Poland after 20 unhappy years in Canada and USA [70]

[

He sent me a personal message to change my original post, which I have.

Lets see if he will answer your question...???

-

look, this is a discussion forum, the point I was trying to make is that the Irish have long complained about the poles going to poland and taking jobs, the poles can equally make a point when the Irish come to Poland and make money at the exspense of the local pole. fair point.

He is not all there.

true, I don't deny that I am of the village idiot status.

Sean thanks for taking a positive attitude and amending your comments, cheers.
bolek   
20 Mar 2009
Food / Best donuts in Warsaw? [22]

Try Blikle on Nowy Swiat!

I'm afraid those donuts are not what they used to be, small and expensive, they have little taste. Haven't tasted a good polish donuts for a long time
bolek   
23 Mar 2009
News / Poles are coming home [35]

They are going to drive down the wages... go away...

Greg, unemployment in Poland is about 14%, more in the country areas, most poles returning will have zus entitlements of 12 months unemployment benefits, (plus cash in hand work).. I don't think wages can get much lower in Poland, unless your offering peanuts!
bolek   
23 Mar 2009
News / Poles are coming home [35]

I must point out that the official ue rate in Poland in February was 11.3%, I'm not sure how the authorities arrive at that figure suffice to say that a lot of people are ineligible for payments..(to receive 12 months of ue payments you have to have been registered and working for 12 months) we all know that a lot of poles especially in the country work cash in hand. Things have changed since feb and a lot of poles are returning home, I personally know of 3 people who have just returned from England and Ireland saying they have been laid off and there is no available work. One has found work as a labourer (currently on trial) wages 950Zlote per month. the other 2 are still unemployed and cannot claim payments because they worked cash in hand. They tell me that employers are luring people to accept lower wages.

A wage of 950zl will not go far, renting a half decent flat of 40sq cost 800zl
bolek   
24 Mar 2009
News / Poles are coming home [35]

Seanus, lets talk turkey, I bet there is no signs of recession in your household, lets face it if a couple took home say 2000zl a month it still would not be enough.

From what I see people in the building industry and the like seem worried about the future. I think the lower class will be hit harder as the recession bites in. lets hope not