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

huge jump in sales related to final 4 months of "family in their own home' or whatever you call it grant.

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

SORRY

My mistake

whoops sorry sorry sorry misprint...

Those are from the peak

in last year

lodz 12.1
Krakow 2.6
Poznan 8.3

oberhaus polish apartment price index

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

That fact that Polish prices have gone down on average 1 % each month this year is also significant, considering the huge jump in sales and prices still went down, From May to next May will be interesting with this government grant gone. 1 in 4 availed of it last year, and up to 90 % in Warsaw. Should knock down 20% in next 12 months. Considering they have already in the last year up to Feb 2012 gone down 9.9% Warsaw

25% Poznan
32% Lodz
Krakow 13.6%

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


Yes it is.

Prices went down 0.9% april ,
0.5 march
3.1 Jan/Feb

75 % increase on purchases compare to same time period last year, As people were racing to buy, as the Own your own home grant is basically finished from May 1st.

So lets see what happens now .

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


is he not simply dealing with the question asked "Poland's Economy Is Booming! The EU's Success Story?"
are you suggesting he keep his mouth shut or leave the country?

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


exactly,,fooled into thinking.
Simple fact like this below
Lublin

Apartment (1 bedroom) in City Centre 307.57 €

Median Monthly Disposable Salary (After Tax) 511.96 €

Krakow
Median Monthly Disposable Salary (After Tax) 619.00 €
Apartment (1 bedroom) in City Centre 369.84 €

Birmingham
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 687.63 €
Median Monthly Disposable Salary (After Tax) 1,739.81 €

Belfast
Apartment (1 bedroom) in City Centre 457.29 €
Median Monthly Disposable Salary (After Tax) 1,875.38 €

Just proves why Poland has mass emigration and why it has a quickly shrinking population
and things are not getting better

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


Yes,it's funny how people are still claiming that prices are not going down. The thing is,some people just don't want to believe in the objective truth.

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


A book written by a lifelong socialist who fought against Franco.

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

Lublin

Apartment (1 bedroom) in City Centre 307.57 €

Median Monthly Disposable Salary (After Tax) 511.96 €

Krakow
Median Monthly Disposable Salary (After Tax) 619.00 €
Apartment (1 bedroom) in City Centre 369.84 €

Birmingham
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 687.63 €
Median Monthly Disposable Salary (After Tax) 1,739.81 €

Belfast
Apartment (1 bedroom) in City Centre 457.29 €
Median Monthly Disposable Salary (After Tax) 1,875.38 €

The above simply verifies that Poland is suffering compare to other countries,,,and by no stretch of the imagination is it booming...Growing after 1989,yes there is no famine,I admit.

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

For this argument,,the link below is proof that Poland is NOT booming.

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

First of all the topic is about Prices going down, and yes they are.
In relation to rent and cost in Poland ,this link provides the facts. Makes sh1t of the spin that the developer's wife is trying to put on it.

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


And also the price of petrol, in relation to context, imagine the situation in England if petrol was 3-4 time more expensive!! They wouldn't be trying to get out of the cities then.

If you are on an average wage of 2000 zloty a month and driving 20 km to work in the city , I reckon you may have serious economical problems. That is why people choose cage like apartments in the cities. Inhumane but practical.

The prices dont drop so much outside the city, anyway,,its nowhere near 50%. Maybe outside the main cities in Poland A.


My family here in Poland took a loan out to pay. No mystery.

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


yes, but this is partly because a lot of purchasing was done with cash earned abroad, so the bank didn't need to fork out money or as much money.


and so do I,but what else could explain the 200-300% jump in prices 2004-07,at the same time as EU enlargement...Is there another argument to replace mine.

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


I would like to hear more people to try and attempt answering the above question. I've thrown in my view numerous time. In Ireland alone between 2004-07, 7billion was sent back home mainly for the purchase of property.

The property buying section of the population is basically equal to the age group that are emigrating, 7 million. Subtract the amount abroad , the amount who aren't(abroad) and unemployed or who are on minimum wage(2 euro Hour).

You will find that Poles abroad are the main reason for pushing up the prices.

In other former Eastern Blocks like Czech republic were wages are higher and property prices are significantly lower,the only answer for this is that Czechs are staying at home and prices reflect that.

To say the Poles abroad are earning very little, is nonsense, especially during the 2004-07 period, were people on buildings were taking home 1000 euros a week,,ten time the wage of unskilled work in Poland. I knew Poles back home who earned more in 3 months in Ireland than 12 months in Poland.

People on here are convinced that the Pole abroad are not the reason for the 300% rise in property prices, but Polish wages since 2004?? how much did they go up....how could low interest rates encourage someone on 130 euro a week in Poland take out a mortgage of 75000 euro,,it doesn't add up.

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


No, just so deeply involved in the racket that you can't see the forest because of the trees.


I would agree with this statement. It may be the norm but that doesn't make it right.

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


Did he mention "his" ideal world and one "without" landlords?

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


Well said. Neo-liberal economics and its parasitic followers(and their wives) are what created all this sh1t to begin with
thenextrecession.wordpress.com/2011/03/03/the-crisis-of-neoliberalism-and-gerard-dumenil/

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

and in Berlin,,,compare with Lublin.

sorry oxin, I don't argue with Nazis,,deep down I think they just doubt their sexuality,,,full of conflicting urges, maybe you get a hard on looking at Polish men and this is the root to your bitterness and illogical thinking.

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

Polish economy is booming ???? LOL
Compare economical life in an average city in Poland to a really nice city in Ireland.
fifth of your wage on rent in Galway and 40% in Lublin.

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


You hit the nail on the head there.
Don't waste your energy arguing with her. She is a wall.

Life / Why is cheating at schools in Poland accepted?! [155]

very true

Real Estate / Thinking of buying an offplan Luxury Property Wroclaw [79]


No, error , Freudian slip?? how could that be?


No 2005 prices actually, whatever % that is.

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

Is this a misprint, in relation to rent and property prices per meter squared?? Rent so low and prices so high, maybe down to absolute lack of development.

numbeo.com/cost-of-living/city_result.jsp?country=Poland&city=Bialystok

Real Estate / Thinking of buying an offplan Luxury Property Wroclaw [79]


My exact philosophy.


Buy, buying something that has yet to exist is pure speculation, for example in a block near me, people who bought off-plan last year for 45000 m2, would pay 3500m2.

So it is speculation no matter which way you look at it.

Real Estate / Thinking of buying an offplan Luxury Property Wroclaw [79]

not the right climate atm for such a gamble.

Real Estate / Thinking of buying an offplan Luxury Property Wroclaw [79]


you might as well, buying Off-Plan when prices are going down is daft.

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

No I'm claiming that Poland has by far the highest emigration in Europe, because of the disastrous economical situation in the country, that forces people to emigrate. The heading of thread states Poland is booming,that is a complete nonsense. A country with mass emigration could hardly be doing well never mind booming.My link posted above make this quite clear.

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


Perhaps, but booming It 100% isn't. Its still a black-hole in comparison to most of Europe.

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

Read this, and tell me Poland is booming: szczecinian.eu/index.php/2012/02/how-much-do-szczecinians-and-poles-earn/

we would like to make any international comparisons, here are the gross monthly earnings of teachers taken from selected countries:

Poland: 2,811 PLN, 562 GBP, 885 USD, 672 EUR

Germany: 17,095 PLN, 3,395 GBP, 5,371 USD, 4,088 EUR

United Kingdom: 13,795 PLN, 2,769 GBP, 4,364 USD, 3,321 EUR

United States: 16,761 PLN, 3,329 GBP, 5,266 USD, 4, 007 EUR.

The compulsory deductions, (tax, social insurance) for each country are as follows:

Poland 32%, Germany 35%, United Kingdom 29% and the United States 32%.

This gives each nation a net salary (after deductions in PLN) for teachers as follows:

Poland 1,911 zł, Germany 11,632 zł, United Kingdom 9,794 zł and the United States 12,906 zł

source worldsalaries.org

The minimum monthly salary in the United Kingdom is 1,000 GBP, 5,000 PLN - and in Poland 1,405 PLN, 279.12 GBP

Real Estate / Thinking of buying an offplan Luxury Property Wroclaw [79]


I'll second that. It's a big reason to leave Ireland according to a lot of people