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Let`s compare prices of services and products in Poland [359]
I thought you lived here? Dole is far less than that.
Average rent for a room is less than 1000pln, usually shared, so <500pln in Krakow, so just over 100 euro's rent. Live in a small town and it will be far cheaper. Students are paying less than 400pln in the Krakow suburbs, we rent our room out to two students for 1000pln/month and its a ten minute walk to the center of town.
comparable to earnings? what scale are you basing this claim on?
Based on the EU cost of food survey, not relative to earning.
Well then you are the lucky one.What about others?
My wifes Grandmother gave her this apartment, now worth about 100k euro.
Downstairs an Aunt gave that apartment to a repair man who promised to look after her and keep her company for her final few years. She died recently.
My sister in law was given an apartment from another grandparent. Her boyfriend was give an apartment by his grandfather.
Parents-in law bought a one bed flat in a small town. 20k pln ($6k, £4k) and gave it to their son.
Virtual every one of my Polish family were given/bought property for figures around 20-40K pln which, due to inflation and currency appreciation is now a tiny sum which means they are debt free owners.
One family I know paid 3000pln for a large house with a 3 ha field surrounded by national woodland. $1000.
Similar situation with friends. Mid twenty's in age and owners of property through inheritance/gifts. No parents I know have any mortgage debt unless its second properties.
I bought a farm for 175Kpln which the owners had paid 37K in the mid 1990's.
Wife's Parents bought a 1ha farm, house and large stone workshop for 70kpln
Polish people have a remarkable small amount of mortgage debt compared to western European countries, even in relation to wages/gdp. The fact that the entire social housing stock was give/sold for peanuts to almost everyone in the country has something to do with it. So you have a very large number of Poles who have large assets and low living costs, coupled with competitively low costs of food.