Life / Wage - Expenses = It Doesn't Add Up!!! [33]

It was ment to be to draw a rough/average picture of the average wage-expenses=It DOES add up scenario. The young people living with this scenario and staying home do have it also good and not only British/Irish or Dutch/any other first class expatriate for that matter. Ofcourse they like to start living on their own with their partner and look for kawalerka's when they can afford it (I meet them every week in our office for that). And most of the time when we ask what work they do it is he is working abroad or in a international factory (which has a bit above average salary), she is working in local shop. These two salaries can support living on their own. It is more or less the same as in other Western countries for young people looking to live on their own. All numbers are then the same except the currency symbol is different (more or less).

Danny

Real Estate / Settling in Poland. Where to buy inexpensive properties? [9]

I would suggest you look around in Dolnoslaskie regio. This as the region next to the border of Germany (s-w) and is not over inflated like Warsaw, Krakow, Lodz, etc. The housing market is very interesting and in development. I bought a house last month in Lubawka. We are making the project to make three appartments out of it and resell it. We already received two good (but not good enough for us because when renovated it has more financial gain and we can afford to wait) offers to buy it from us in the state it is now.

Also, If interested i have my private house for sale in a very beautiful and quiet region on the border of the karkonosze park. If you like remote living, open spaces and yet eveything available for shopping, doctors, dentists, restaurants contact me.

The house is in Czarnow.

Danny

Law / CHF loans & mortgages, customers in Poland left biting the bullet. Walking away? [20]

I've seen it many times now with my family in Italy (when they had Italian Lire as curency) and friends in Poland. Borrowing money in another currency then you are earning your money in is not a good option imo. In the beginning it looks smart and promising. In the end they all reached feelings of desperation to say the least. When you have to borrow money borrow it in the currency you make the money to pay off the loan. Even if the interest rate is higher then the that of the "cheap" currency. Be also very carefull reading the small hidden cost and how the loan is structured. The interest looks low on paper but the hidden requirements like life insurance, closing fees, etc. are adding up quickly. Reminds me of a joke........

The man borrowed 25 million Euro from a local bank for a sure thing project and it went wrong. On monday he have to pay the money back to the bank. It is sunday night an he is worried, sweating and can not sleep because he can not pay it back. At 3 oclock he calls up the bank manager out of his bed. "Yeah, well sorry for calling you that late but I can not sleep. I have to pay tomorrow the 25 million euro back..well I can not pay it back to you." The bank manager replies: "What! know what then!?" Him: "Now I go to sleep and you worrie and sweat around all night!!!!" and he hang up the phone.

Danny

Life / Wage - Expenses = It Doesn't Add Up!!! [33]

The rent for a kawalerka/studio [45m2] is about 650 pln. the heating and electricity is about 250 pln. cost of living for groceries is about 400 pln (assuming you cook at home). cost of going out every weekend with 4 beers on saturday is 100 pln. Taking out a friend to a pizzerial will be 60 pln (two pizza [quattro stagione and salami], two beer [zywiec] and two coffee [lavazza] for instance) this is in a small city in dolneslaskie regio.

Average salary for someone working in supermarket is about 1500 pln. people live at their parents palce or together with both working or mom at home with kid and father abroad working very hard for higher salary and sending the money back home.

Danny