Posts by lostinlodz

lostinlodz

3 Mar 2014

News / Poland free market ( EU ) [11]

Not really, you cant do certain things as a bank but you can act like a bank but not call yourself a bank. I think the whole thing is tied to the name BANK.

where this video of my Irish friend in London taking money from people, paying interest and investing in his community business for a return = bank but not called a bank, its a investment group or other.

Is this not what a bank does?

lostinlodz

2 Mar 2014

News / Poland free market ( EU ) [11]

You cannot be in the EU without free market economy, else there will be no reason to join the EU and do cross border trade and movement, Of course you can open estate agency in the UK, You just not a member of any regulatory body, it means jack in court because in a free market the courts cannot inter fear in business unless you lied to the client and said your a member when you were not but ultimately its the clients decision to do business with who ever they want in a free market. Thus in a free market the government cannot state things what stops some business from conducting business in different EU countries and null the EU usefulness.

cfr.org/poland/polands-economic-model/p29506

"The collapse of Communism in Poland following the victory of the opposition Solidarity movement in free elections in 1989 paved the way for the rapid establishment of a free-market economy. Poland's transition to a capitalist system was spearheaded by then-finance minister Leszek Balcerowicz, with the assistance of U.S. economist Jeffrey Sachs. Balcerowicz and Sachs administered so-called "shock therapy" to the Polish economy by implementing a large-scale privatization program of state industry; creating a stock exchange, capital markets, and a convertible currency; eliminating price controls and slashing subsidies; and carrying out strict budget cuts. The goal of the program was to integrate Poland into the mainstream global economy by making it more like the states of Western Europe, which shared a "common core of capitalist institutions," Sachs explains in his 1993 book Poland's Jump to the Market Economy."

So Poland says it has a free market economy, but practices something else.
Yes you can open any business you want, you can even represent yourself in court due to this very fact. Only places who do not operate a free market economy do not allow people to represent themselves. This is why some people say only do business with people who a gas card, but if I came to your house and said, I don't have any gas card but I am cheaper, the blame does not go to the gas man, but you!

The gas man walks away free after the house blows up. That's free market and the law.

I don't think many people understand this EU thing. It's designed for business to operate around the EU
But what they really don't see is that once you sign on to the EU

You no longer a country but a member state of the EU
The EU operate a free market capitalist system and that means business can hike prices to what ever they want.

That's why the UK and other members are keen to get out. You have no more say, its EU laws and when business men blocked the local government is taken to the EU courts and the member state then backs off because you signed up to follow the laws from Brussels in exchange for cross border trade and money.

The people in the UK want out because they no longer a country but a member state, just like Poland.

lostinlodz

2 Mar 2014

News / Poland free market ( EU ) [11]

en.wikipedia.org/wiki/Free_market

When Poland joined the EU they joined the free market meaning

"A free market contrasts with a controlled market or regulated market, in which government intervenes in supply and demand through non-market methods such as laws creating barriers to market entry or directly setting prices."

So why is there restrictions on opening certain business in Poland? In particular Banks and Estate Agency. Its against direct contrast of EU laws, the same with the sale of goods act, stating customers have a week to decide if they want a purchase but yet again in Poland they refuse to take goods back or send them for repair instead of replacing them?

Do Polish people really not know their laws very well. It seems they cling on to the old laws and did not really understand the EU laws change everything.

lostinlodz

2 Mar 2014

News / Poland free market ( EU ) [11]

When Poland joined the free market (EU) they went from a command economy to a free market economy.

Then why is there restrictions of business and requirements for education and certificates to do even something as silly as real estate agency?

That's not really a free market. Any one care to explain for did the EU forget to send the memo to Poland. Did they vito their obligations or are they just playing silly games too fool people into parting cash for things they really don't need?

What EU laws count in Poland? Anyone?

lostinlodz

2 Mar 2014

Real Estate / Property Developer HORROR in Lodz [28]

Wroclaw Boy

Yes the banks did not have any insurance policy when it came to wild gambling. Hence they should have gone to the wall. But in this lies the problem mentality of too big too fall.

Just goes to show, if you can talk a good game you can charm the socks of a snake.

lostinlodz

1 Mar 2014

Real Estate / Property Developer HORROR in Lodz [28]

he didn't - it was his own choice. Its not up to the government to bail him out for this bad investment.

Actual it is the governments responsibility to bail out people who pay national INSURANCE.
If your business burnt down due to some electrical fault, I am 100% sure you will be calling your your insurance company while the fireman is still putting out the flames.

But I do understand what you are saying and am I am learning polish at the moment, I just don't see the reason when there is English only speaking companies in Poland as to be as nasty as not to even reply and hide away when a qualified person applies.

Anyway, let the good times role, enough with the negative energy. That is what I am trying to achieve.

lostinlodz

1 Mar 2014

UK, Ireland / Romanian manual labour workers in the UK making Poles look bad. [12]

This is just fact, and a revolving door as such.
Once the recruiters start marketing the skilled lower paid people/staff to the CEO or hiring manager the numbers do the talking and the retrenchments start rolling.

Hence Cameron knows he needs to tighten the benefits belt as to stop Polish and other workers once they are kicked out the work force. Hence why its do difficult to get on benefits now. So I would not be surprised if and when more Polish expats start to return to Poland. No one is going to stay in a foreign country and struggle if they can do the same back home.

Just look at the Australians, the South Africans and the other hordes who cam flooding to the UK, allot of the left once they are kicked out the system for cheaper labor. Once you on the scale getting money a lifestyle it is difficult to accept a lower pay for the same job and lower quality of life and style, hence why most Brits don't want to do the jobs when they previously paid better, so instead of pressuring the companies into paying more and be more fair to workers, we have immigration and benefits. So the problem remains and companies seek cheap, work till you drop dead tired and replaced by young easy too fool people.

The problem is systematic as its bound to fail, the more profit the companies make from employees, the less money consumers have to spend in a economy meaning less goods are sold meaning less profits and the cycle continue.

lostinlodz

1 Mar 2014

Real Estate / Property Developer HORROR in Lodz [28]

Frankly I would prefer not to go to this route of courts, but as I said other people have started and its feared they may completely bankrupt it. What I would like to see happen is a little push to get things moving again.

"A loss is only a loss when you sell" and De-leveraging is not a option at the moment. The ratio of savings / time and selling loss/ time is huge. Hope that made sense.

lostinlodz

1 Mar 2014

Real Estate / Property Developer HORROR in Lodz [28]

Its not difficult to calculate

1. Stay in the UK, spend savings fast, get no help, still have issues with apartment and end up on the street or worse after already spending a year looking for work. (Do people actually realize there are homeless people in the UK? Its not just the land of milk and honey where everyone gets a home?)

2. Come to Poland, resolve the problems were the cost of living is 5 -1 so this should keep us going till we resolve the issue and return.

3. Sell the apartment for a loss and return to the UK.

My choice is no 2 resolve the issue recover what I can but it seem the developer is sitting on his hand so I need to take it the next step.

This is a money survival decision and the best option under the circumstances.

Look the way I see it, I have been fair enough waiting 2 years, giving all the chances any moral normal person would. It's not to be nasty its just business. Besides from what I understand allot of people are already starting proceedings. So before all you patriots come running along to save your fellow country man, I wont be the first neither the last. The ripples will be felt from Krakow to Warsaw! This is all I am going to say.

So a good solicitor would be nice to have, if you know any TY

lostinlodz

1 Mar 2014

Real Estate / Property Developer HORROR in Lodz [28]

Wroclaw Boy

no, I said I have some savings left over for my retirement one day, but this would have finished fast if we stay in the UK and the problem would continue with the flat seen as a asset.

lostinlodz

1 Mar 2014

Real Estate / Property Developer HORROR in Lodz [28]

No sorry folks the UK closed this loophole of transferring assets between partners. Its combined assets my friends.
Just out of curiosity since it seems some of you don't understand UK benefits system anymore, You polish folks in the UK are you aware there are agencies in the UK who check each and every claim for benefits right? They get paid a fee to catch out people over the limits and defrauding the system, so the ones who own house and inherit property it's just going to be a matter of time before they do find you and claim all the benefits back if you are over the limits, if not I bet they will claim YOUR PROPERTY! The laws are already changed so they can check bank accounts in Poland and property deeds.

I know this because my councilor told me, I really hope you did not lie when putting claims in, they work on the same principle as the companies who look for heirs to people who died in the UK and is a very lucrative business, when I heard this I was even interested in starting a business like this myself but then it really is a snitch job.

Anyway, bewared, if you have lied before, you already owe them! There is no such thing as a free ride - that's for sure.

The UK in particular is very keen to get money in. Don't get tempted into fraud its just going to come round 360

lostinlodz

1 Mar 2014

Real Estate / Property Developer HORROR in Lodz [28]

I don't understand why it is that you feel it's OK to demonize people who invest in your country?

BTW, I took my polish property investor friend with me, we scoped the place twice and check completed projects, we both are not new to property investment. Sadly you have it wrong, investors, invest to make money, when you cheat investors, they don't invest, no new money = no new jobs, everyone looses.

lostinlodz

28 Feb 2014

Real Estate / Property Developer HORROR in Lodz [28]

lostinlodz

- it sounds very weird that the UK would cut your benefits if you have 16k of assets. I don't think that is right, so you should be entitled to UK unemployment benefit and maybe child benefit too

its 16k, they don't give a monkeys uncle about anything else if you are putting in a new application for benefits in the UK.

As for those who own property in Poland claiming in the UK, the benefits office was more than willing to send people to Poland to check the value of the properties we were told when we tried to claim.

We only got child benefit and 6 months contributions JSA
Our bills were 1200 after cutting everything down and income was 600 so do you really think when we finish our savings we going to get benefits when we still have a asset over 16k in Poland?

Since we are forced into this situation and I think its fair someone else pays for their mistakes.

If you have got a bad deal then you have made a bad choice.

How does the victims make a bad choice in your opinion?
If someone shoots a man in the street, was it the the mans fault for walking in the street? Is this what your saying?

Sorry but we did our homework here, everything check out fine, that included people who also purchased there, every buyer does not understand why the developer is sitting on his hands on this building but continues with other projects, and were is the Polish government law developer protection in this? Did the polish government not bring out all these laws to protect investors? So why attract investors and then go around pretending its their own fault?

As for jobs, sorry but if there is English speaking companies and qualified people for them, then UK people should also be entitled to work in these companies and be your boss if the position exists or work mate, not just brush it under the carpet and employ only local. If this happens in the UK you would have 1 million polish out of work heading back to compete for every job. You don't, so I do expect some professionalism, if the job is available I do expect to have equal opportunities.

lostinlodz

28 Feb 2014

Real Estate / Property Developer HORROR in Lodz [28]

No, if we stay in the UK we use all our savings and then we live on the street because when you own property abroad its counted as assets and if you have over 16k in assets you get nothing, no housing, no benefits.

Thus this developer has locked us out of claiming benefits when needed.
So we had no choice but too move and try move things along so we can sell!

When sold we can go back and get help, but now it seems if they don't get things done by April we will have to spend anouther 12 months in the UK on our savings before we get help from the government.

Sorry the 20+- people who purchased here did not make a bad choice, did the poster perhaps mean the developer made a bad choice what has lead to investor horror?

lostinlodz

27 Feb 2014

Real Estate / Property Developer HORROR in Lodz [28]

Good Evening may I enquirer for help.

My patience has dried up and now have to go the extra step what most people fear doing and take the issue to court, not something we wish to do. What should be a plain simple transaction has become a real life horror for us and I need some help or advice. Without naming names I will tell the story only to get some recommendations / advice from people who may have had similar experiences and without prejudice.

Two years ago we purchased a apartment in Lodz for rental income and still the only thing done in the townhouse was the apartment spaces and not the building. To make things worse a year ago I lost my job and as you know you do not get any help from the UK government if you have assets worth more than 16k. We decided to leave the UK and go to Poland and complete the apartment inside, the alternative was spending the last of our savings in the UK with no help and still stuck with the apartment. The plan was to complete the developer stage flat and put it on the market and return to the UK or start renting it out and get something going as for money. The developer kept telling us the property will be complete before the end of the year. So no problem packed up the family and headed out.

We finished the inside of the apartment but the developer left us without hot water and power, in fact the whole process was made very difficult but two months later we completed the inside of the apartment. Note there are other people living already in this building with similar problems. We are then forced to by a electric boiler and heaters, after already spending 2.5k on radiators meant for city heating.

Comes Christmas and snow, we still have no heating. Winter in a cold flat with a baby while Ice is forming inside the windows of the apartment (causing more damage) and still no sign of workers doing anything to the building or heating. They did managed to give us a few more lights and electrical sockets (75% working but still wrong) before the snow started. We also now have growing amount of penalty charges with the electrical company as they developer has not paid them to repair our power issues. Yet the electrical company charges us penalties because the developer has not sent the electrical certificate for the change?

My other half has managed to find work (2k peanuts) , but as for me and the recruitment companies they don't even reply! They don;t even reply for English speaking positions with correct qualifications! The one or two lame English companies are afraid my qualifications are too high for the lower position! So as a skilled professional I am keen to GET OUT. This when Lodz is so keen to attract skilled people to Lodz and investors???? What is wrong with Lodz?

We are still living of our savings and nothing seems to change here except the excuses.
It seems the government protection scene when purchasing property is nothing but hot air and worthless.
We only purchased the apartment after been told this protection is there to make sure the developer finishes. It seems the developer and his solicitor have found a away around this protection. So take note if you are a new buyer.

So we estimate the value of the apartment as it is now to be 1/3 of its purchase price if we are lucky. But of course the UK wont accept this as its still underdevelopment. The developer tells us he is struggling due to the slowdown in the market, but it seems all the money is pouring into other projects and did not stop him buying more townhouses for a few million, and we are just left on the sideline. Wham bam thank you mam, got the goods and off they go. We feel cheated and its starting to feel like we have purchase a extremely expensive wreck (lemon)

Please if you know of any good lawyers/media/reporters post the detail below. please thank you.