Real Estate /
Poland's apartment prices continue to fall [1844]
Thing is that our predictions are generally happening. I lost my bet to Harry and offered to pay him out but I think he got banned for some other misdemeanour. But even though they were not 20 percent down they were 7 to 15 depending on town and the 20 percent is a matter of time.
I also predicted that German stocks would be a good short term investment and you mocked me for it - and now it's 28 percent up whilst almost every housing market in the world is down.
A few years ago I said housing prices would be down 30 percent by euron2012 - I missed it by a few months but in lodz, Wroclaw, gdansk that is coming true.
And yes I have got first hand experience of getting a big discount off asking price. I just closed at almost 30 percent below asking price on a commercial property.
There is no reason for the gift to intervene - and why should it ? If the govt has to pay people to buy a companys products then that is the very antithesis of the market.
The only responses to milky remain personal ones - that he is lazy, that avalon is considerably richer than he is etc.