milky
Wroclaw Boy:
you're like a broken record you just keep saying the same things over and over
False statement my old joker. I ask a question and seek an answer. Simple,and if attacked with snark, I ask the question again.
Every week or so, you revive the same topics about property. As SeanBM states, "you supposedly live in Ireland, have no connection with Poland and yet you continue to provide false statements as to the health of the property market here. You never supply any up to date links or factual information that can be checked or challenged. You suggest that anybody who is involved with property, whether a builder/estate agent, fit-out specialist etc. is trying to talk the market up to get prices to rise.
You have predicted falls in the price of property which are absolutely rediculous, you have also predicted that many developers will go bankrupt. None of this has happened, indeed, if you can read the Warsaw Business Journal, you would understand that there are many reports of developers stepping up their new projects and announcing new starts in many of the major cities. These developers are shying away from the top end luxury market and concentrating on smaller, less expensive units, many with the starting price of 6-8000 PLN m2, not the 2000m2 which you and your other "associates" ( I will refrain from using the word alias's) seem to think should be the norm. These developers have "done their homework", they would not undertake to build these new apartments unless there was a high percentage in their favour that the units will sell and they will make a profit.
Since my own small project of 13 apartments was finished (building legalised) in January of this year, I have sold 10 of the apartments, many people viewed them but most had trouble getting a mortgage from the banks, but, in the past few months this has changed and there has been a surge of buyers. I took a chance on building in an area outside of the main town (10kms) next to the lakes and forests, my apartments are 1000 PLN m2 below the town prices. I have the confidence now to start preparing my next project as I still believe that there are not enough new, affordable places being built and the lower price of land in this area will enable me to keep the prices down. Everyone of my apartments has been sold to a Polish buyer which negates the statement that only foriegners can afford to buy in Poland.
Milky, I have read your posts and "English does not seem to be your main language", but, you may recall an old English adage, "better to keep your mouth shut and be thought a fool, than open your mouth and prove it".
You will now use this strange word "Snark" to descibe my post, as someone telling you the truth of the property market in Poland will not suit your agenda.
There are those that talk and those that do, you seem to be one of the latter.