PLN 2,500 the going rate for an apartment in Poland

I know somebody like that who lives in Krakow! Mark Beernut I think his name is.

oh, i was thinking for oneself instead of investment.. if the latter, you are right.. it'd be a loss..


i don't think so.. but we shall see.

This is why I am in favour of the Swedish system. Where you can get credit for over 150 years. They buy houses with the intent that when they move their children will take over the payments and therefore be able to afford to live a decent life.

The second part is basics...the first one is being reflected in the bond market as we speak.


That is insane. How about not giving lifetime credits so that the prices will come back down to being affordable without making slaves of working people?

Not really, it stamps out the chance of going into debt due to the payments being so small and places in Sweden aren't too expensive anyway. It's just another way to make it affordable to get credit and for the banks not needing to take so much risk.

To be honest, part of the problem in Poland is that many jobs require a Masters degree when in reality, they're the kind of jobs that would be done by school leavers in the UK. It's nonsense - and the people demanding such qualifications are the ones to blame. The job you mention is probably more realistically an accounts assistant in the UK on about 15k a year.

For instance - why the hell does someone need 5 years of university to work as a marketing assistant?!

That completely screws up the value of real estate. It causes people to become docile and not take risks.

Loaning out money requires taking risk, that's where the reward comes from. If banks make large amounts of money available to lots of people, the price of the asset rises. No voodoo economics here.

For instance, if everyone had to pony up 50% of the value of a mortgage in cash, housing prices would probably end up being cut nearly in half.

Yep thats what she said to me at the time. That she felt that anyone could be doing her job and didnt really need the qualifications to key in numbers and orders. In fact she later found out that folk with degrees in Journalism and other bizarre field also worked in the same position. Cant talk too much about it as its the same place that contract work to me and if anyone from there read this or new how much I charge for work done they would go nuts! :D

Convex i'm in Poland now and i'm in Wrocław, i also rent a flat to people so i know the numbers, 2500zl is what a flat in the centre of the old town goes for, this baby is a solid 800zł over the market price.

Then again if there's people stupid enough to overpay then it justifies the price i guess.


Taylor thats beyond f*cked up, thats financial slavery.

Still need to get a beer...

Anyway, can you find me 60m2, furnished, with utilities paid for less than 1700zl?

I'm not saying it's cheap, but hey, it's not exactly a ripoff. There are plenty of "newly built" holes in the wall that have been sitting empty for many months because of the price tag... Someone will eventually have to just eat it...

A lot of people would see it as a way out and an opportunity to be able to afford a place of their own. Doesn't matter whether its for 150 years or only 25years, most people still pay a lifetime to the banks for credit. How many folk do you know who live in the same house all their lives, they usually move on and in doing so get more credit to get a bigger better place.

still crazy price

That is doing it by choice. When a basic house requires 150 years of payments, something is seriously wrong and the market is being artificially inflated by cheap credit. Credit=Bad. Lifetime of credit=worse.

That's the odd thing about Poland - rather than taking someone fresh from school who can be trained to eventually become the company accountant, they prefer to take someone with a Masters degree in any old subject - even though it's highly unlikely that they will want a career in what they're doing. Utter stupidity, and it doesn't help that many people seem to think that someone with "only" a Matura is unqualified. I know I'd rather hire a passionate 19 year old than a "giz us a job, any job mate" 24 year old.

I think here, at least part of the low wage culture is due to this - there are simply too many highly qualified people looking for too few jobs.

The problem here is that they never become highly qualified because they stay in school not really learning anything relevant to their careers while they could be learning how to actually do a job, not information from some 10 year old text book by a professor who's never seen a real job.

not even i use them in UK or used in Poland however voiles yes nets are just something that reminds me of grandma's house lolz

i would say to keep the thread on course the the going rate is fairly reasonable for prices i have seen and paid myself for an apartment in Poland.


not bad rental for Scotland that i pay £390 a mth for a 2bed 1st floor flat via a social landlord (housing association) till i move into student halls of residence in September and pay £106 a week (ensuite) ;P

For student accom?!!! Geeez i'd expect the ritz of student life for that :D

Do you have gold taps too?? :)

all ensuite ive just opted for the deluxe room than the standard which is only £10 cheaper lolz it just houses 653 students and is closest well 2miles away from my campus which isnt a bad walk, standardized taps from what i recall when i visited =))

Sounds not bad, do they take it off your student loan?
I would demand at least a butler and daily Indian head massages for that price :P

It takes forever and a day, I know it is popular here in Poland but so is living in a house with only three rooms partially finished for the same reason.

I would recommend taking a look at where the EU funded infrastructure is going and using your local knowledge to buy appropriately.


It is negotiable, many charge 10% per year.
Tenants will never treat a property as well as their own and that is why I stress a reputable company to look after it, they have the deposit for such eventualities.

Excuse the late reply.

all my student loan is on this plus a little bit of hard earnings as well but still have bursary and grant

:)

though i (to keep thread in check and not to **** mods off) intend to hopefully find a placement as part my degree in PL so ill be keeping an eye on rental prices ;) for future referencing

See this is why I didn't go down the uni route cos if I was a student I would be as responsible and would waste my cash too quickly :D

(To keep it on topic may I say I once saw rented a flat for 800pln in Nowa Huta :P )

Or worse, a textbook by the same guy who teaches the course. It's one of the more disgusting practices in Polish education that they're allowed to get away with such openly corrupt behaviour.

The problem here is also that they have such a low opinion of anything but a formal university degree to do any sort of office job - which is quite clearly nonsense.

in case misunderstood my grant, bursary and earning are all mine all the £3694 student loan plus a little more from earnings is going on the halls rental ;) hehehe im rather responsible and a cost saver where i can be plus i rarely go clubbing as its not me im more gigs festivals and travelling.

id cry if it all went on my rent lolz

thats rather cheap that though for Nowa Huta or rather anywhere in Krk was that the full flat though :) << still keeping to thread lolz

Always a better way to spend your cash. I haven't been to a club since I got back from Poland. Got any festivals lined up for this year?

You can rent one bed flats in Huta for 600pln, it's not classed as part of Krakow ffrom the Krakowians though, but I loved it :)

Not this year as working all summer for Uni such is life ... though couple of gigs lined up though ... next year though going to the Open'er in Gdynia and the Ollesummer in Tallinn and any others which grab me i know i will probably attend quite a number of trade fairs though, due to the type of degree i am doing in September it will be a fab excuse for the summer and valuable networking ;)


true Huta isnt but if you wish to be away from the hustle and bustle then its a good place to start as any.

Yep, and not so many snobs as well ;)

Actually gonna have some free time soon enough we might go hit the town next week for example.


The price averages 1600-1900, 2500 is at least 500zl overpaid.


If there's people willing to pay for it its obviously not a ripoff, anyone who can dish out such money for such an offer must be well off anyway.

you're forgiven... ;)
thanks Sean :)

can i take a loan in the US and and spend it in PL? well, i don't know, i'm asking...
aw! and where i could find all the info about loans in PL? any websites? I'd appreciate it!

i'd say that would possibly be your best as i highly doubt you could get one in PL and if you could, they'd rape you hard on the percentages..