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


Avalon is a developer.
the subjective opinion of one person? The facts speak for themselves, did you even bother to read it?
expander.pl/upload/PDF/Raport_Szybko_pl_Metrohouse_i_Expandera_-_grudzien_2012.pdf

There is a 17% gap between asking price and transaction price in Krakow and Poznan etc
w Poznaniu (-6,6 proc.).
Poznan saw a drop of 6.6 % in just one month (November 2012) and 3.5% drop same month in Wroclaw ,That is gigantic recent drop.

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


???


This scam grant is proof that the market does not dictate in Poland. It's blatant government interference and proof of absolute corruption. An alliance between the bandits in government and the vulture capitalist.

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


As a Developer this report must keep you awake at night,

There is a 17% gap between asking price and transaction price in Krakow and Poznan etc w Poznaniu (-6,6 proc.).
Poznan saw a drop of 6.6 % in just one month (November 2012) and 3.5% drop same month in Wroclaw ,That is gigantic recent drop.

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


No matter what!! this is a plunge. This link below does not record the same drops ????

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

Anyone got info on the real estate prices for November 2012 in Lublin ?? I know they fell 1.5% in October which is a massive drop for a place which has seen little or no falls since 2005.

According to this report . There is a 17% gap between asking price and transaction price in Krakow and Poznan etc
w Poznaniu (-6,6 proc.).
Poznan saw a drop of 6.6 % in just one month (November 2012) and 3.5% drop same month in Wroclaw ,That is gigantic recent drop. Bubble bursting.

expander.pl/upload/PDF/Raport_Szybko_pl_Metrohouse_i_Expandera_-_grudzien_2012.pdf

Life / Is Poland a poor country? [578]

Poland is nearly the poorest EU state
Poland is nearly the poorest EU state (photo Piotr Lewandowski/sxc )
According to the Eurostat data, the position of Poland in the EU is not very good. Our country is wealthier than only 3 states, even though 6 months ago we were wealthier than 4 EU states.

The Eurostat has informed that the level of affluence in Poland, i.e. GDP per capita, taking into account the purchasing power parity, amounted to 64% of the EU average.

According to the data the "Rzeczpospolita" daily got hold of, the situation is worse than in Poland only in Latvia (58%), in Romania (49%) and in Bulgaria (46%), even though 6 months ago we were higher in this rank also than Lithuania. Now, however, Lithuania has got 66% of the average.

Source:
niezalezna.pl

Poland
At €5,756 per inhabitant, Poland is ranked 28th in Europe, just behind the three Baltic countries and slightly ahead of Turkey. Compared with its western neighbors, Poland still lags behind. Even in the affluent capital district of Warsaw the inhabitants' purchasing power of €9,969 p.a. is approximately €5,400 less than that of people in the rural district of Görlitz, the weakest district in Germany.

In general, the study shows a strong polarization in Poland. Purchasing power in the various districts ranges from €3,626 per inhabitant in the Brzozowski district (Powiat) to €9,969 in Warsaw. In 24 districts, purchasing power is at least 20 percent above the national average. At the same time, 71 districts have purchasing power that is 20 percent below the Polish average.

The most affluent districts in Poland are the capital, Warsaw, its surrounding districts (Pruszkowski, Piaseczyński, Warszawski Zachodni and Grodziski), Gdansk and Sopot, Plock (one of the oldest cities in Poland), Lubinski (in Lower Silesia) and Wroclaw (the fourth largest city in Poland). The district of Krakow is only ranked 22nd among the districts. Lodz, the third largest city, is ranked even lower in 32nd place.

In the poorest urban and rural districts, the inhabitants have only slightly more than €3,000 p.a. at their disposal on average. These regions are mainly situated along the Ukrainian border in the far southeast of Poland. The structural problems of this region impact directly on the purchasing power of its inhabitants. Nonetheless, consumers here have more than twice as much at their disposal as their neighbors in Ukraine, the country with the fourth lowest purchasing power in Europe. In these border districts of Poland, purchasing power per inhabitant ranges from €3,600 to €4,200, whereas it is as low as approximately €1,300 per inhabitant in Ukraine.

Language / Polish pronunciation animations? [7]

Well, has anyone found software to help with Polish?

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

pip
go back over the thread

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

Sent to Reddit
A recent report states that Krakow is the most difficult Polish city in which to buy a flat.

The study, conducted by Domy.pl and Open Finance claims that citizens must work approximately 11.5 years in order to come up with enough cash to pay for a three room property (50-square meters).

Despite prices being higher in Warsaw, Dziennik Gazeta Prawna writes that the average monthly salaries (Krakow - PLN 2,514, Warsaw PLN 3,289) mean that that residents of Krakow must wait for longer.


According to GUS statistics from 2009 only 34,65% employees had average wages (3.232,07)(1077USD


Ok its gone up 15 euro a week. And 35% op people earn this.
Central Statistical Office of Poland (GUS) provided in 2009 that 65,35% of Polish wages are below Polish avarage wage and this is a fact.

The most common wage was 2.091,35 (about 700USD)

Only 10% earned more than 5.376,34 PLN (1792 USD)

All data quoted are gross monthly wages.


I'm just providing facts, no need for personal attack. What is wrong with this post
Sent to Reddit
A recent report states that Krakow is the most difficult Polish city in which to buy a flat.

The study, conducted by Domy.pl and Open Finance claims that citizens must work approximately 11.5 years in order to come up with enough cash to pay for a three room property (50-square meters).

Despite prices being higher in Warsaw, Dziennik Gazeta Prawna writes that the average monthly salaries (Krakow - PLN 2,514, Warsaw PLN 3,289) mean that that residents of Krakow must wait for longer.InWroclaw:

Avalon:
09 August 2012President of Central Statistical Office of Poland has announced that average monthly gross wage and salary in Poland in the second quarter of 2012 was PLN 3 496,82.

According to GUS statistics from 2009 only 34,65% employees had average wages (3.232,07)(1077USDInWroclaw:
Apparently not. IE...

Ok its gone up 15 euro a week. And 35% op people earn this.
Central Statistical Office of Poland (GUS) provided in 2009 that 65,35% of Polish wages are below Polish avarage wage and this is a fact.

The most common wage was 2.091,35 (about 700USD)

Only 10% earned more than 5.376,34 PLN (1792 USD)

All data quoted are gross monthly wages....

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


I'm sure it much the same in 2012.

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


Central Statistical Office of Poland (GUS) provided in 2009 that 65,35% of Polish wages are below Polish avarage wage and this is a fact.

The most common wage was 2.091,35 (about 700USD)

Only 10% earned more than 5.376,34 PLN (1792 USD)

All data quoted are gross monthly wages.
Sent to Reddit
A recent report states that Krakow is the most difficult Polish city in which to buy a flat.

The study, conducted by Domy.pl and Open Finance claims that citizens must work approximately 11.5 years in order to come up with enough cash to pay for a three room property (50-square meters).

Despite prices being higher in Warsaw, Dziennik Gazeta Prawna writes that the average monthly salaries (Krakow - PLN 2,514, Warsaw PLN 3,289) mean that that residents of Krakow must wait for longer.

So to buy a family size apartment of 65m+, Would be 14-15 years earnings.

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

Sent to Reddit
A recent report states that Krakow is the most difficult Polish city in which to buy a flat.

The study, conducted by Domy.pl and Open Finance claims that citizens must work approximately 11.5 years in order to come up with enough cash to pay for a three room property (50-square meters).

Despite prices being higher in Warsaw, Dziennik Gazeta Prawna writes that the average monthly salaries (Krakow - PLN 2,514, Warsaw PLN 3,289) mean that that residents of Krakow must wait for longer.

Life / Is Poland a poor country? [578]

Well!! they will squeeze the tax payer. The bandits are making a fortune in Ireland re-buying their properties from NAMA. Does it make sense? No, Just money.


Yea yea yea petrol, house prices, electronics,cars,??? relative me arse
newspaper article (Dec 2012) which roughly stated the following…

After 20 years of paying the minimum social insurance in Poland / the UK:
ZUS in Poland: Pay £180 now & receive £120 pension per month
NI contributions in the UK: Pay £15 now & receive £600 pension per month

Life / Is Poland a poor country? [578]


Did I? Millions? No way, Ted.


I would imagine nobody. Poland will just sweep the rocks under the carpet, unless there is a domino rally. Gong by how the hosing crises is being dealt with at the moment, I would imagine that the government /Developer bandits will just line their own pockets, in the guise of democratic progress, just like the scam grants, they will get the tax payer to finance vulture capitalist. I can't see Poland coming together to deal with the block crises as they are too obsessed with technologies of distraction, and the money just isn't there to finance the sharks but they(bandits) will make millions in the pretense of patching the holes in the rotten bucket.

News / March for Poland's democracy organized by PiS 13th Dec [49]


Are you insinuating that the democraticically elected government that was overthrown by the fascist Franco, was a Stalinist regime? Show me a link to prove this.


Well, I know that PIS are a nutters party. And you have PIS balls in your mouth.

News / March for Poland's democracy organized by PiS 13th Dec [49]


Very true, don't bother arguing with the right wing nutters on here.

Life / Is Poland a poor country? [578]


People should read the thread before commenting, there is a lot of repetition on here. I'm not talking about the last few comments.
A lot of concrete apartments are turning 60 years old,hence, would be declared unsafe, in countries that do inspections. So how many Poles live, in what legally may be considered unsafe buildings? 15 million 20 million? People are taking out 35 year mortgages to purchase these concrete"accidents waiting to happen". Only capable of happening in a poor country.

News / March for Poland's democracy organized by PiS 13th Dec [49]


This is double -speak at its best. An honest name would be "The regressive march towards a return to totalitarianism"

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


7:00AM BST 27 Sep 2012

Official figures show the number of Poles living here rose by 45,000 last year, the first annual rise since the financial crash.

The increase comes despite their homeland's economy growing strongly, while Britain languishes in a double-dip recession with more than 2.5million people out of work.

Experts believe the new wave of immigration is explained by far lower salaries in Eastern Europe.

It will cast renewed doubt on the Home Office's attempts to reduce net migration - the number of people who settle in Britain every year minus those who move abroad - to the "tens of thousands" from the current rate of more than 200,000 annually.

The chart will tell you who should be and who shouldn't be in negative equity.

Life / How many children is a good number in Poland? [12]


haha, same in Ireland. In Poland one is all many have room for.

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


No, Mid 2006 prices. I said. silly boy. Are you still a developer?

Life / Is Poland a poor country? [578]

Poland is still poor and the UK is rich.

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


ok, only asking,,are you sure its this thread?

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


Have we not shown links in the past, that show Poles to have the lowest disposable income in the EU. The most common wage in Poland Net is a about a hundred Euro a week. A person working in MacDonald in Ireland would have bigger disposable income than the entire wage a Polish teacher. The poorest 25 % in Berlin are richer than the top 25% in Warsaw etc etc

Have you got a link to show that 95% of Poles don't have a mortgage? What percentage of Poles between 25-55yrs of age have mortgage? Also mortgages are relatively new to Poland

Most homeowners in Britain will not have a mortgage on their property within three years, a ground-breaking report revealed yesterday.

With few young couples able to take mortgages out, the profile of homeowners has changed dramatically.

By 2015, more than 50 per cent of homeowners will be older 'mortgage-free' households with a home that they own outright.

Many of those will be people who took a mortgage out in Britian the 1960s, 70s and 80s and are now reaping huge financial rewards.

70% percent of British are mortgage free..

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


Yes, which means a gigantic bubble.


?????
ober-haus.pl/files/pl/files/en/reports/actual/Ober-Haus%20Polish%20Cities%20Apartment%20Price%20Index%20October%202012.pdf

In Wroclaw, house prices are down by 31.91% (31.81% in real terms).
In Poznan, property prices plummeted by 44.08% (44.18% in real
globalpropertyguide.com/Europe/Poland/Price-History


lol,, ahahahahahaha what do you think they bought them with ?Holy Communion money? Pulling at straws man.

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


Tripled in Prices.


Can't see how you figured this.


sounds good


between 10- 40%


People can easily escape to the West and earn 6 time more and cover their payments with ease, unfortunately people in Ireland have no escape in this matter. Howevwr; Thenews.pl :: News from Poland

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Repossessed real estate soars in Poland
15.10.2012 11:20
Over the last two years, the number of properties repossessed by bailiffs in Poland has doubled.

Photo:
Photo: Glowimages

The rise in repossessions echoes an increase in unpaid debts, according to BIG InfoMonitor, a Polish firm specialising in the collection of data about debts.

The firm notes that at the end of September this year, the amount of unpaid debts in Poland had risen to 37 billion zloty (9 billion euro), marking a 3 percent rise in a three month period. According to Big Info Monitor, some 2,2 million Poles are affected.

thenews.pl/1/12/Artykul/115303,Repossessed-real-estate-soars-in-Poland


yes


Yes, go buy now before prices go up even further. Quick run to the bank.


Exactly. The miracle lol.


I think he's gone running to the bank in his PJ's.

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

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights: blogs.ft.com/beyond-brics/2012/12/10/poland-faces-rising-unempl oyment-as-slowdown-bites/#ixzz2EmSHMIzJ

The result has been that unemployment in November could have inched up to 12.9 per cent, up by a net 0.4 per cent over the month, an unusually fast increase, according to preliminary estimates from the labour ministry. That would put the jobless rate at its highest level since 2006.

"The negative tendency on the job market is not only continuing, it is getting stronger. Weak consumer demand and pessimistic predictions mean that employers are keener to cut jobs than to create them," Karolina Sedzimir, an economist with PKO BP bank, tells the Puls Biznesu newspaper. She estimates that unemployment could hit 14.2 per cent by the end of 2013.

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


fact
ober-haus.pl/files/pl/files/en/reports/actual/Ober-Haus%20Polish%20Cities%20Apartment%20Price%20Index%20October%202012.pdf

Are you still a developer?

News / How much Poland's economy grew up since 1989? [32]

[quote=Vlad123]How economy could grow under such conditions is mistery to me.[/qu
Mass emigration since 2004 along with the billions sent home by them every year, Billions in EU grants.
Polish workers in Britain have sent home £23billion in the past seven years, an official report revealed last night.
Amounting to more than £3billion a year,
Polish immigrants in Ireland have sent home an astonishing $7.5billion in wages since they arrived to work at the height of the Celtic Tiger boom seven years ago.

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