Real Estate / The current property boom in Poland is a bubble [342]


No, its not the definition of a bubble, Can you show me this definition, I've never seen it before. This is wiki's definition -


What happens after to a bubble is irrelevant. You argument that prices will fall gradually - not crash - may or may nor be true, however a bubble describes the rise in prices, not a fall.

Time will tell what happens to prices.

Commiserations on buying in 2010. I bought in 2009, at the peak of the market apparently.

UK, Ireland / Why are Brits so left-wing? [60]


America is almost a an apartheid state, less of a melting pot, more like a salad bowl as one American put it. They put a lot of effort keeping away from those who are different.

News / Poland is the source of horsemeat in burgers? [169]


In Poland selling horsemeat for food is legal. These British/Irish companies came to Poland to buy meat and for years they didn't check what it was. Its the responsibility of the food manufactures to ensure the quality of the product they manufacture and sell. British supermarkets boast about the quality of source of their food and they didn't know or care where it came from.

Another thing is beefburgers have a legal right to contain other types of meat (varying percent) and excrement (1%) . There have been many scandals with food in the UK, if UK manufacturers travel to Poland for crap, cheap material don't be surprised if is exactly that.


ABP supplied horse meat as beef. Their responsibility.

UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]


A section of the Uk have hated the EU even before the UK joined. and decades before Poland was a member. Its a pathological hatred of 'Johnny Foreigner'


I have already pointed out that leaving the EU and joining the EEA will not result in any changed in status for EU/EEA residents, but some on here are to thick to understand it.


France is a net contributor to the EU. The French are paying for Polish roads too. France pays more as a percent of its GDP than the UK.

Poland gets six billion from the EU, the same as Frances pays into the EU

news.bbc.co.uk/1/hi/world/europe/8036097.stm

News / Poland is the source of horsemeat in burgers? [169]


Its illegal to sell it as beef. Main problem is nobody knows whether this was diseased or not.

I like horse meat, but I cannot stand beef, especially beefburgers.

UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]


I think you are all missing very important point. The proposal is to leave the European Union and Join Norway/Switzerland/Iceland in the EEA.

In the EEA
- The UK would not be allowed to bar EU/EEA immigrants. The Poles etc. would NOT have to go home.
- The UK would have to pay a membership fee, determined by the EU on a take-it-or-leave-it basis. About £2billion is the estimate based on Norway's fee (which mainly goes to Poland)

- All laws the EU produces except agriculture and fisheries will be automatically accepted. No veto or influence. Hello Tobin Tax???

Seems the tories think they can leave the EU and still be part of the common market... any country could veto that.

Bonkers the lot of them. Here we are entering the third recession and they are obsessed about cutting free trade to where the Uk exports 200billion a year

Real Estate / The current property boom in Poland is a bubble [342]


You really don't have a clue do you? Of course Apple share are vastly inflated, a bubble asset. They have fallen 35% in a few months. A more over inflated, over hyped company, short of facebook, you won't find.


A bubble bursts in a tenth of a second, so of course by your definition the only thing that is a bubble is a soap balloon full of over-pressured gas.

However, the rest of the world understands that a housing bubble is made of houses not air and the rate it deflates has no bearing whatsoever on whether its a bubble or not. Care to point me to the source of your genius logic, but I'll hazard a guess its your real estate husband and his like minded associates.

Keep it up pip, this is funny.

Real Estate / The current property boom in Poland is a bubble [342]


Because if peopel think there is a bubble they will be even more disinclined to borrow and buy. Anybody with any sense will realise the market will go down, to affordable, no matter what.


True, but you will be buying into to a falling market. Making money on highly geared investment is one thing, its another to lose it. How many other (legal) investments allow you to lose 200%, 300% of the money you put in?

News / Is it true that the Polish has signed to take on the Euro in 2015? [12]


Poland didn't qualify, still doesn't. Its academic, the Euro is not in a good enough state for Poland's entry. Once it is, Poland can/will proceed.

Real Estate / The current property boom in Poland is a bubble [342]


You do talk rubbish, the limit on farm/ agro-building land is until 2016 and you need a permit until then.


Over 100% price rises followed by a 50% fall is a bubble. Poland is approach that level of fall. Feel free to tell anyone who disagrees with you to shut up, for the good it will do you.


Hahahaha...

Australia / Husband moving to Australia after separation [4]

Just say you never thought it was important to register your marriage in Australia. I doubt they know where you both were for those years.

Travel / Dreamliner for Lot Polish [27]

Boeing talking crap again.

They certified the aircraft as fit for purpose, it quite obviously isn't. The FAA does not really certify the aircraft, they simply take Boeing's word for it and Boeing apparently don't know what they are doing.

They will have to pay the airlines compensation.

The 787 will probably be grounded for six months.


blogs.crikey.com.au/planetalking/2013/01/19/dreamliner-787-battery-fires-burn-faa-and-media-too

Boeing battery solution may keep 787 grounded until 2014

news.cnet.com/8301-11386_3-57566066-76/boeing-battery-solution-may-keep-787-grounded-until-2014

Its going to cost Boeing up to $5billion, pushing profitability on the 787 to twenty years hence

Real Estate / The current property boom in Poland is a bubble [342]


Not ignoring you, I don't know the answer. Other than I earn too much and I'm not a first time buyer so its of no use to me.

Your best option is to keep waiting and consider buying out of town, where it can be much cheaper.

Or buy where foreigners are banned from buying without the permit.

Real Estate / The current property boom in Poland is a bubble [342]


Nobody is going to listen to you, after all you have just admitted you lie to promote property.

You think having a husband in property means your opinion has higher value than a normal human who couldn't care less about your obsession with 'bubbles'?

Your 'real estate knowledge' come from having a vested interest in lying about the state of the property market.

Prices are collapsing in Poland, any idiot can see that.

10x average earning is a property bubble, never mind 20x So yes, the bubble has burst and it will deflate at the rate it wants to - not by your ridiculous definition.

Real Estate / The current property boom in Poland is a bubble [342]


There is a report about it somewhere, but its over 14 in some cities

Real Estate / The current property boom in Poland is a bubble [342]


He's from India I believe. In theory they speak English, but not like the English or Americans.

Real Estate / The current property boom in Poland is a bubble [342]


Apparently with your 'real estate knowledge' you feel entitled to deny reality and propagate ********.

Which is par for the course for a industry whose survival depends on lying.


Yes, the old jokes.. "Its different this time", "but, but, but my house is special"

UK, Ireland / Polonization of Britain - Tipping Point Confirmed in 2011 Census [97]


However thats before over a quarter of a million Polish soldiers defended Britain against the Nazi's and were welcome as refugee's after the war.

Its a sacrifice many British people remember with gratitude and I'm sure you must be honored to host the Poles who made Britain what it is today.


I've got the old membership list, good for a laugh. There is so few of them..

Law / Forex Market in Poland [16]

Why not read your own link and the articles it links to.


65% to 56% isn't that much of a reduction

Law / Forex Market in Poland [16]

Already posted https://polishforums.com/real-estate/poland-apartment-prices-continue-fall-50431/55/

As the article states, the practice was largely stopped in 2009. But the amount of debt hasn't fallen very much since.

Real Estate / Buying/Selling distressed property in Poland/ Walk away from your mortgage [10]

I'd say go ahead and walk away from the debt if you really have to. But don't be surprised if the bank comes after your10+ years in the future when your finances are better. This certainly happened to a friend of mine who had to pay off a decade old mortgage debt from the 1990's.

The advice from the other poster might be right, however commercial loans via a Ltd company can be walked away from be personal debt is very different. Another point hge ignored is the 'fronting a purchase for a friend'.. what does that mean - he has another property that can be seized and his friend will lose it??? And it sounds fraudulent.

Real Estate / Poland's apartment prices continue to fall [1844]



minus inflation = fall.

Real Estate / Poland's apartment prices continue to fall [1844]

I think you still don't understand inflation. Inflation has devalued the £ by 25% since 2007 and London Prices have just about risen back to 2007 levels. But not inflation adjusted.

So yes, prices have fallen in London in real terms. In nominal numbers on average over ALL the UK, including London, they have fallen.

Real Estate / Poland's apartment prices continue to fall [1844]


I've already explained that consumables and fixed assets are completely different. Besides, they are getting cheaper houses and petrol will come down in price with the recession.


Getting more people to get in debt is not in anyone's benefit, they are introducing rules to stop property speculation. The Euro project will/must succeed and stopping borrowing is a key part of that.

Property prices are falling everywhere, you do understand that don't you?

Real Estate / Poland's apartment prices continue to fall [1844]


Do you see any effort on behalf of the Uk Gov to bring house prices down? on the contrary propping up house prices at an unfordable level to FTB's is a core of all party's policies.

.
If you read the angry 'priced out' buyers at HousePriceCrash.co.uk you will see they want cheaper houses not cheaper mortgages


Thats pure speculation on your part and ignores the Euro debt bank crisis which takes precedent over creating construction jobs.

Travel / Dreamliner for Lot Polish [27]

787 Continues to be a disaster on introduction. United, Qatar and now LOT have multiple technical faults on the 787

Aircraft supplied to Qatar and LOT were delivered with faults. Both of LOT's aircraft have failed repeatedly.

airliners.net/aviation-forums/general_aviation/read.main/5640861/


airliners.net/aviation-forums/general_aviation/read.main/5653555/

The 787 has obviously not been tested enough.


bloomberg.com/news/2013-01-07/boeing-787-damaged-in-fire-while-on-ground-in-boston.html

en.wikipedia.org/wiki/Swissair_Flight_111

21 minutes from smelling smoke to hitting the ocean.


reuters.com/article/2013/01/08/boeing-japan-airlines-idUSL1E9C88NH20130108

The 787 Nightmare becomes the first aircraft in decades to be subject to a FAA safety review


online.wsj.com/article/SB10001424127887324081704578235370985104146.html?KEYWORDS=JON+OSTROWER


pprune.org/rumours-news/504995-787-review-called.html

Real Estate / Poland's apartment prices continue to fall [1844]


I understand it perfectly but what has that go to do with the discussion of falling prices, aim your comments at Milky


Yet the government is doing its very best to force prices down by restricting banks lending. Banks will make profit how they can. Screaming will not make any difference to the Basel III rules on bank lending, its completely outside the actions of of governments.

Which is a polite way of saying you are talking crap, developers and banks cannot force the government to do the impossible.

You think that Poles live in slums? Not convinced by what I've seen in Poland. Generally not very pretty but fundamentally sound.

Real Estate / Poland's apartment prices continue to fall [1844]


Five years inflation, about 25% and a 27% fall, thats around 45% fall in real terms.


And every year his prediction comes closer to reality. The pair of you just have to comprehend what 'real' versus 'nominal' prices are.

Real Estate / Foreign investor, properties in Poland, walk away from mortgages? [209]


They will never let up in trying to get you. You might be fine, but who knows how US law may change. If the bank can pursue you in the USA over the next decade they may well do.

Generally I'd suggest negotiating a get out with the bank. Try get them to accept 40% or whatever.

Knowing what they will accept is very difficult, depending on your age, assets and earnings. They could also sell the debt to a US company