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Posts by milky  

Joined: 26 Oct 2009 / Female ♀ 		Last Post: 2 Aug 2016
Threads: Total: 13 / In This Archive: 12
Posts: Total: 1656 / In This Archive: 1442 		From: ireland
Speaks Polish?: no
Interests: reading

Displayed posts: 1454 / page 37 of 49
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milky   
26 Apr 2011
Real Estate / Poland's apartment prices continue to fall [1844]

thenews.pl/business/artykul152278_germans-and-dutch-snap-up-polish-property.html

looks like everybody except Poles are purchasing property.
milky   
26 Apr 2011
Real Estate / Poland house prices recovered faster - Summary of 2010 [89]

As Avalon pointed out in an earlier thread, the market has re-aligned itself.

Rubbish, the prices are still at a saturation point, they have yet to collapse and re-align with the reality of the Polish work force.
The rising middle class in Poland lol, a Pole in McDonalds or a supermarket in Ireland must be the ruling class so.
The people who are saying that its not a Ponzi scheme are obviously profiting from the scheme. Nobody profiting from a Ponzi would ever admit it's a ponzi.

So your one reason why its not a Ponzi scheme, is actually evidence that it is.

Exactly,it's a perfect example.
milky   
24 Apr 2011
Real Estate / Poland house prices recovered faster - Summary of 2010 [89]

The Polish property bubble is a classic example of a ponzi scheme..

What is fraudulent about a legal transaction in which the buyer and the seller agree on the value of the property being sold?

The fraud is the fact that the architects, manipulate the transaction, in order to give an illusion of fair play.
milky   
22 Apr 2011
Real Estate / Poland house prices recovered faster - Summary of 2010 [89]

Much like a Ponzi scheme. Those who get in first make money, as time goes on the number of (suckers)/(people able to borrow sufficient funds)/Bank Funds) runs out. Bubble pops/Ponzi scheme collapses.

Exactly...The governments also participates by refusing to build much needed apartments, even though they may promise to do so in their pre-election manifesto. Keep the demand high and rob as much as possible before they know it's a PONZI.

Brown envelopes are the foundation of property bubbles, they circulate among the triangular system of the a ponzi (banker,minister,developer)It's all a fraud....
milky   
20 Apr 2011
Real Estate / Poland house prices recovered faster - Summary of 2010 [89]

No supposing Milky's predicyion is right and the market falls by 60%. The yield for my apartment would be 17%. This is great news as I can buy several more, pay of the 7% mortgage interest cost and pocket the 10% yield all earnt from someone elses money

The majority on here are just plain liars with ulterior motives but that statement in relation to your bird cage in Warsaw is just illogical.

I still maintain that the prices will collapse 60% from the 2007 ponzi prices.
milky   
26 Mar 2011
Real Estate / Poland house prices recovered faster - Summary of 2010 [89]

If you are thinking of purchasing property in Poland, don't listen to the predictions of developers. This site has been hijacked by a click of spin developers, trying to sell their property bubble.WAIT.
milky   
18 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]

Milky who claims on his (mistake filled) website that Polish is the hardest language in the world to learn. Harder than Arabic of Japanese. Wonder if he's tried Navaho...

Sorry man, but that's not me,I'm afraid. Im Irish, that other guy is a yank, and he thinks the bubble will last another 20 yrs so he's a bit mental in my book.

Navaho would be a serious job to learn, as the psychology involved would demand a revolutionary change in thinking, in relation to conscious and unconscious mind patterns, but you are wrong in relation to the property bubble in Poland. The Polish economy is healthy lol, if it got any worse the UN would have to move in with food supplies.
milky   
17 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]

Unregulated crapilism has become a universal system. There is a world recession and Poland is in Europe and it has a property bubble!!! and you are a developer.
milky   
15 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]

For all those people with "inbuilt bullsh1t detectors",in relation to Poland's massive property bubble,watch this.... Do no me fooled by the lackeys on board, manipulating the technologies of distraction.

youtube.com/watch?v=0znF8vWUWmA
milky   
11 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]

but thats just my opinion, I only build and sell them so I could be telling lies.

lol, so 'developers'are known for truth?? Pull the other one buddy!!

it is cheaper and more convenient for a young family to live in a house, out of the centre of the city, with a garden, only a short drive along a new motorway in to the city

The price of petrol and (sh1te)wages in Poland,if you want a wage left over, at the end of the month; walk or cycle to work..(30-40 km) walk,might be hard though!.

I like being able to walk to work in 12 minutes.

I say no more.

approx 2 million emigrated vs the 38 million here)

Is still a huge section of the (age group)house buying population. Enough to kick of the Ponzi property bubble for sure.
milky   
10 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]

hey won't be buying in the city centre: flats in the city centre are far more expensive than in the suburbs.

I didn't say anything about the 'city centre',Harry.???? "Little cages in miserable Blocks",can be anywhere??? It must be past your bedtime, sleep well tonight, Harry, in your 'lonesome' single bed.

Mr Ulterior Motives.
milky   
9 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]

The only people who buy small flats in the city centre are people who want to live there.

So a newly married Polish couple would prefer to live in one bedroom apartment.lol
Its because thats all they can afford and you know it Mr Ulterior Motives.

Wrong again Mark.

not me
milky   
9 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]

Do you happen to have any sources to back your claim that Poles have returned home in large numbers?

No they are not returning in large numbers, for sure!, but are remaining in the UK and Eire even if unemployed, because social welfare payment in Ireland is twice that of the average industrial wage in Poland and almost four times higher than that of someone on minimum wage in Poland. Therefore, the money they are accumulating in the west 'now', is a lot less than previous, so the bag of gold is much smaller and this explains why the market is stagnant since 2007.

how come the values have been holding through the worst global recession

Simple answer, the prices are based on Poles in the West. The actual Polish economy has, and had nothing, to do with the Polish property bubble. Just like the Irish property bubble was driven by American multinationals, the Polish bubble was driven by Poles working abroad in the former booming economies.
milky   
9 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]

Demand for the small cheapish units is still strong

And the reason?
That is all, Polish workers can afford. The waves of western money have dried up, as the redundant Poles, return home, to their (Polish)minimum wage of 2 euros an hour.

All they can afford now, on their 'Polish wages', are these over priced tiny cages in miserable blocks!!! As the two and three bedroom apartments remain vacant.