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

Only when the average house is affordable to the average wage earner in any given area will the housing market recover. Unless the housing market crashes back to this figure rapidly, all that will happen is a stagnated market will wait for earnings and the effects of inflation to bring about the balance.

Law / What is better for money exchange - EUR to PLN in Germany or PLN to EUR in Poland? [18]

1 euro = 4,26605448 złotego polskiego

Zloty is weakening.

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


unlike what they did in the rest of the world. One fifth of property in Ireland is empty due to its bubble. The developers are not rational, as they are driven by profit and an acute blind faith in the free-market.

Life / The Blame Game (Have you ever noticed that a Polish person is never wrong!?) [205]

They can't see the forest because of the trees. They know not what they do.

Life / The Blame Game (Have you ever noticed that a Polish person is never wrong!?) [205]

The system is pretty sh1t on an international level as wonderfully portrayed in this book.
en.wikipedia.org/wiki/Bonjour_paresse
Maybe Poland is worse than usual because of their grey governmental Authoritarianism past, and they(the people)are now victims. Now, that the system is gone, they are acting the way a bunch of Soviet Russian soldiers would have acted when their captain was not around. This could answer the reasons why office staff are so ultra bureaucratic and unhelpful,restaurant staff are useless,driver behave like apes with their imaginary third lane,people vote for very right wing parties,listen to Radio Maria,dance to Disco Polo.

Life / Poles - what other nationality would you say you are most like? [125]


Sounds like my local back home.


Wouldn't you be if you live there,in one of those towns. Even driving through them I feel so depressed, but you have to stay focused so that you don't knock down a drunk falling in the middle of the road. I met Poles in Ireland from towns like these and they moaned the whole time they were in Ireland (about having nothing to do) and wanted nothing more than to go back to these towns.It's a funny world.

Life / Worlds most liveable cities (Krakow or Warsaw don't even hit the radar screens) [104]


exactly,but then again that is more for tourist. A place to live in has to have several factors to balance, like wages and rent and costs. It's laughable that someone would think any Polish city would fall into the list of liveable cities. Maybe a list for unliveable cities would be more suitable to a country with mass emigration.

Law / Is running a business in Poland very profitable? [33]


It's the truth....Kollataja street,the shop there,,check for yourself!

Law / Is running a business in Poland very profitable? [33]


I agree with your main point here. Also, the price of CD's and books can be treble the price of Ireland. Saw a book the other day about Irish writers, in a language shop in Lublin, was 85 Euro. I bought the same book new for less than 10 over five years ago in Ireland.

Life / Where are the second-hand stores in Krakow? [14]


very true

Life / Mosquitoes in Poland [40]

A dirty little annoying buzzing focker of a yoke, kept me awake last night.

Work / Salary expectations in Poland [373]


ahahahahhhhhhhhhhhhhhhhhhhhhhhhhahahahahahahahahahah mass emigration,2 euro hr minimum wage, third world road system...yea just like Denmark...

Life / Favourite Polish movies? [107]


Thought the movie was too melodramatic and lots of really bad acting; looked like a Walt Disney production.

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


well, less abnormal

Residential real estate prices are struggling in Poland due to oversupply and increased interest rate hikes threaten to hamper demand. Even so, the second quarter experienced robust sales thanks to the lowered prices,(A major part has been played by the government's Rodzina na swoim (Family in Its Own Home) mortgage subsidies program, which helps people take out loans and buy over priced apartments.Without this market interference I wonder how much further they would have(naturally) fallen?)

which are as much as 28% below pre-2008 levels.
Compared to the peak levels seen before the global crisis (between H2 2007 and H1 2008):

House prices in Warsaw were down by 8.8% (-9.4% in real terms)
In Krakow, house prices were down by 8.8% (-10.8% in real terms)
In Lodz, prices have fallen by 15%
In Tri-City, house prices plunged by 21%
In Wroclaw, house prices were down by 28%
In Poznan, property prices plummeted by 29%

nuwireinvestor.com/articles/real-estate-sales-up-prices-down-in-poland-57720.aspx

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


I know some Poles who are buying property in Ireland, but most, want to return home when things improve and prices of property return to normal.

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


And I answered already ('Av')?????[:}


right you are there

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


Would you bet on a horse with three legs?


I own lots of things including property and land.


I suggested that eventually prices will reflect Polish wages. The current prices are driven by speculation and Poles purchasing from the west.


I doubt you are.


That would be ilogical.


But property in Ireland, apartment have gone down 'on average' 51%, but you will get for much lower;or just keep your money.

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

They know not what they do.

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

Despite the high supply of new housing units, developers have seen the highest sales since the fourth quarter of 2007. A major part has been played by the government’s Rodzina na swoim (Family in Its Own Home) mortgage subsidies program, which helps people take out loans and buy apartments.

This is market interference. Prices would have dropped naturally other-wise. The brown-envelope brigade at work here.

Tusk recently said in relation to the people(suffering) who took out mortgages in Swiss F. That he would not help these people, as it would be interference with the market.

Bollshit, 'Family in Its Own Home' mortgage subsidies program is absolute interference with the market.

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

REAS is an advisory company specializing in issues relating to the residential market. Since 1997, we have been cooperating with developers, banks, investors and other entities operating in the residential market.

The article may as well have been written by Mamdom. You tell people to ignore wikipedia articles about Polish property, and then expect this sh1t to be believed.

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

Dziennik Wschodni (Lublin newspaper) Front page article based on a new survey done by the statistics office. States that The county of Lublin will loose between 20 and 40 % of it population between now and 2035. I in 3 of the population will be over 60..Not a suitable climate for 'people' who think that property prices have bottomed out.

Real Estate / Best Mortgage Lender in Poland? [25]


That's for sure.

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


Money earned in the West. I know people who got mortgages in Poland while woking in London and Dublin.


something like 70% of mortgages in 2008, so bought for well inflated prices.


amen to that


after Donald promising to build more..eh..

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


Spoke, like a true salesman lol....
PERSPECTIVE...the enemy of Ponzi schemes.
Focusing on the here and and now, and ignoring what happens in other countries, is exactly what you should 'never' do; unless of course, you are one of those 'hypnotic salesmen' selling sand to the Arabs at an inflated price.

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


Just look at the 'Ghost estate in Ireland', idiots? I dont know. One fifth of the houses are unoccupied due to the madness.
dailymail.co.uk/news/article-1331380/The-ghost-estates-exactly-Ireland-went-boom-bust.html
Poland may not be Ireland but capitalism is the religeon of both countries.

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

Big time.

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

grammar lesson
'have crashed' is different to 'going to' or 'will'.
The prices are stagnant or going down.

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


I did not say crashed,I said they are 'stagnant' and going down.

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


Everywhere as in 'Poland'.

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


I'm happy with this answer.


So, Admin, am I posting under different names????or am I the one person??