News / Poland's Economy Is Booming! The EU's Success Story? [711]

As the Polish economy is false, all the above is false.

Mass emigration,EU grants, Billions being pumped into the economy from Poles abroad.
Poland is as much a house of card as PIIGS.

Work / Advice on Teaching English in Poland [709]


That's for sure.


Yet people say the country is booming.

News / Poland's Economy Is Booming! The EU's Success Story? [711]


Saying that Poland is booming in simply insane, maybe the question should be,,Is Poland in a depression??

Life / Let`s compare prices of services and products in Poland [359]

Jesus man!!!! I'm talking about the average person with a family and kids.
Do you expect families to live in a room.

Average rent for a family size apartment is???
Apartment for a couple??
How many weeks of the average wage? 3??5??

News / Poland's Economy Is Booming! The EU's Success Story? [711]

once again
The heading of this page is

Poland's Economy Is Booming! The EU's Success Story?

I'm not getting involved in tit for tat , let stick with the facts
Don't get caught up in the BS

The facts speak for themselves
Why else would Poland have had such mass emigration since 2004?
The average house cost about 10-15 times your annual wage
Price of petrol
Average wage about 3 euro an hour Net.
About what?? billion and half euros pumped into the country from Poles abroad every year

This argument is like denying that there's lots of sand in the Sahara

News / Poland's Economy Is Booming! The EU's Success Story? [711]


Don't get caught up in the BS

The facts speak for themselves
Why else would Poland have had such mass emigration since 2004?
The average house cost about 10-15 times your annual wage
Price of petrol
Average wage about 3 euro an hour Net.
About what?? billion and half euros pumped into the country from Poles abroad every year

This argument is like denying that there's lots of sand in the Sahara.

News / Poland's Economy Is Booming! The EU's Success Story? [711]

Once again I give this link

Poland is closer to a depression rather than a boom.

Romania and Bulgaria must be booming as well.

numbeo.com/cost-of-living/gmaps.jsp

News / Poland's Economy Is Booming! The EU's Success Story? [711]


hahhahaahahhhahaha
Well, this link helps with the big picture.
"Don't mention the war", seems to be working for the Germans, just like "mention the war" works for the Israelis /

youtube.com/watch?v=oAR0VRLRGHE&feature=relmfu

News / Poland's Economy Is Booming! The EU's Success Story? [711]

Lads, stick on topic.
Poland booming lol

News / Poland's Economy Is Booming! The EU's Success Story? [711]

Soviet style communism mixed with Milton Friedman, sure would explain the mess Poland is in economically, especially in relation to the average Pole who pays up to 60% of his wages to pay for a tiny one bedroom apartment in a commie block. No room for kids and no money for kids.

News / Poland's Economy Is Booming! The EU's Success Story? [711]


I hate statements like this. On a psychological level it's the argument of a bullying husband. Put up with it or else......... Don't complain and know your place, b1tch.

youtube.com/watch?v=hfjGSfuSQpA


fact is, they didn't. The got shock therapy from the Chicago Boys,end of story. The wolf made the rules.
The poorest quarter of Berlins population is still a lot richer than the richest quarter of Warsaw.


The statement is very true.

Life / Let`s compare prices of services and products in Poland [359]

What's the dole in Poland? 200 euro a month?? Average rent is 300.

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


yea ,,,no shortage of idiots. However, some are payed to fight the banks moral argument.

News / Poland's Economy Is Booming! The EU's Success Story? [711]


Don't forget the billions being pumped into the economy by Poles working in the West,,and the fact that the government deals/dealt with its massive unemployment by exporting its young people. If the millions abroad,who left since 2004 returned. The house of card would be exposed.

News / Poland's Economy Is Booming! The EU's Success Story? [711]


yes this is what i've been trying to say over and over and over again

News / Poland's Economy Is Booming! The EU's Success Story? [711]


hahhaahaahahahahaahhahahah
that's up there with
"yes we can"

A diplomat is a person who can tell you to go to hell in such a way that you actually look forward to the trip.

News / Poland's Economy Is Booming! The EU's Success Story? [711]

Good documentary
youtube.com/watch?v=qKpxPo-lInk

News / Poland's Economy Is Booming! The EU's Success Story? [711]

bring it on

News / Poland's Economy Is Booming! The EU's Success Story? [711]


I'll drink to that man.

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

Well,In Ireland, wages tripled and so did house prices.
Since 2004 polish property prices triple but did Polish wages?

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

Polish immigrants in Ireland have sent home an astonishing $7.5billion in wages since they arrived to work at the height of the Celtic Tiger boom seven years ago.

irishcentral.com/news/Polish-people-working-in-Ireland-sent-home-16-billion-last-year-133798773.html

Polish people working in Ireland sent home almost €1 billion ($1.6 billion) in 2009.

Poles working in the UK sent home an estimated £1.8billion last year.

Money Downing Street hoped might be ploughed into the British economy is instead financing a property and consumer boom in Poland.

Read more: dailymail.co.uk/news/article-506148/Poles-working-Britain-send-home-record-1-8bn-families.html#ixzz1vQhnzWAx

Poles working abroad sent back EUR 4.2 billion in 2010 - says a daily newspaper "Dziennik Gazeta Prawna", referring to data released by the Polish National Bank. This year's transfers appear to be at the record level.

The key factors are: opening the German labour market, improve the business climate in the West and increasingly better situation on local labour markets. As a result, foreign transfers to families back in Poland can break the record of 2007, when EUR 5.2 billion was sent from abroad to Poland.


yes, but the bubble was created by the above reasons.


Nonsense Peter. Unlike Poland it was driven by the increase in wages. Bank lending played a significant part but.....
Average house price Dublin
1998 160,699 125,302
1999 193,526 148,521
2000 221,724 169,191
2001 243,095 182,863
2002 256,109 198,087
2003 291,646 224,567
2004 322,628 249,191
2005 350,891 276,221
2006 405,957 305,637
2007 416,225 322,634
2008 370,495 305,269

Average wage Ireland
1996 avnhp: €87,202.00 , avindw: €20,692.2 , ratio: 4.214
1997 avnhp: €102,222.00 , avindw: €21,377.6 , ratio: 4.782
1998 avnhp: €125,302.00 , avindw: €22,868.6 , ratio: 5.479
1999 avnhp: €148,521.00 , avindw: €24,165.5 , ratio: 6.146
2000 avnhp: €169,191.00 , avindw: €25,786.0 , ratio: 6.561
2001 avnhp: €182,863.00 , avindw: €27,919.0 , ratio: 6.550
2002 avnhp: €198,087.00 , avindw: €29,872.1 , ratio: 6.631
2003 avnhp: €224,567.00 , avindw: €31,513.5 , ratio: 7.126
2004 avnhp: €249,191.00 , avindw: €33,338.3 , ratio: 7.475
2005 avnhp: €276,221.00 , avindw: €35,277.5 , ratio: 7.830
2006 avnhp: €305,637.00 , avindw: €37,477.1 , ratio: 8.155

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

In Places like lodz prices are just a few percent of 2004 prices, already.


No, I stated it with facts.. The Family in their own home grant' is gone from this May.
So obviously this will heighten the downfall in prices. Government won't give 40-50 year loans. Interest is going up on mortgages. banks don't give mortgages over 200'000 atm ,,,and The average Pole cannot afford over 150000...

All these fact+Poles in the West- loosing their jobs,getting pay-cuts,will bring prices down.
Its true that the property bubble in Poland does not follow the rules of other countries that's because the Polish bubble was largely driven from Poles abroad and foreign investors.

The Irish bubble for example, was driven by Irish wages, that's why their was a sudden collapse . Poland on the other hand is an unusual situation, largely influence by the happenings in the west;especially in relation to the Billions been sent home by Poles since 2004.

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

The prices are dropping at about 1% a month, but from this May with the "grant" gone, the percentage will probably be 2 or 3% per month, especially in the in the winter months to March 2013.

I originally, due to the language barrier thought that the grant was gone from Jan 2012 but its actually may.

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

internationalresidence.ru/eng/news/5844.html

Houses in Warsaw have lost 13.63% of the value since the economic crisis began, while in Kraków prices are down by 17.87% and by 25.22% in Tri-City.

true

Prices in Warsaw increased by 23% in 2005, by 28% in 2006, by 45% in 2007 and by 13% in 2008, and some cities saw even larger price rises. EU membership encouraged foreigners to buy property in the country, even though they are limited to only one home each, and it also encouraged Poles working abroad to send money home.

true

Although the Polish property market is now seeing a price correction, it may be largely protected due to the fact that its economy is still growing and unlike most of Europe is less likely to suffer from a double dip recession.

untrue and a contradiction of what was already said. The polish Economy simply,did not drive up the prices. As article says

EU membership encouraged foreigners to buy property in the country

encouraged Poles working abroad to send money home.

Why do so many articles "end" with the same useless optimistic jargon that prices will remain high?? The same clowns have been saying in Ireland every month since late 2007 that the prices have bottomed out. Before that it was all about a "soft landing"..

News / Poland's Economy Is Booming! The EU's Success Story? [711]


Poland is and has always been in a very bad place,economically. To point this out is just being realistic and is not "dumping on Poland".

Law / Poland's Economy "Outpacing Germany". Gratulacje. [20]

Poland B is still too far away, or should I say the Russian part.

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


gone down from 2008 peak prices
32% Lodz
9.9% warsaw
Gdansk 22%
Poznan 25%

and this year going down an average 1% a month

It is crashing in slow motion

News / Poland's Economy Is Booming! The EU's Success Story? [711]

Just as a matter of interest,in relation to context and average wages,has Poland the highest rent prices in the EU??

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

Not sure. I will look into it. Interest on zloty loans are higher than euro. The only reason people could afford the sky high 2004-12 mortgages was because of the grant and 40-50 year mortgage.

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

Was reading in an article/survey) that one third of Poles are not able to spend over 150,000 zloty.. and only 13% willing to pay over 300,000 zloty