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Discuss culture, living, traveling, relocating, dating or anything related to Russia, Ukraine, or the former Soviet Republics.
My gf tells me it's safer to buy an apartment than putting money in the bank. If you buy an apartment it will likely appreciate. If you put your money in a bank here you are likely to lose it.
Real estate should be an excellent long term investment in eastern Europe, PROVIDED it doesn't have major problems and you are a local who can fight in court if there are minor problems, like neighbor disputes. Problems would include things like shoddy construction, noise, bad title, property that oligarchs want for some reason and so will expropriate by fair means or foul (single family homes on acreage in the line of development fall into this category). Condos with good noise-proofing, where the building is inhabited by a wide mix of middle class locals, should be a safe and very good long term investment. But I would never buy real estate as a foreigner, no matter how cheap. The prospect of a lawsuit is just too awful when I am traveling most of the year, and lawsuits are always possible with real estate. Then there are corrupt or mismanaged condo associations, the same shit you have in the usa with real estate.
Wait_ are we talking about buying an apartment BUILDING? I thought we were talking about buying the room- I suppose that the prospect of a "bail in" or some form of nationalization is possible with bank accounts. During the Great Depression, it seems there had to be an IRS agent present whenever someone opened their safety deposit boxes to take whatever gold they might have stored there.
Governments seem to make things up, adhere to them when they feel like, then act like someone would at the very least be causing the same things they do if they worked against it in a different situation. The concept of "strategic input" seems to be increasingly overvalued (just like how a bodyguard accomplishing THEIR actions isn't more important than the overall goal of generating a protective influence). I think a lot of people think they're Jason Bourne by doing something the government says- kind of like how they think they're part of the special forces team if they're a part of some terrorism-related response (wouldn't likely matter to them if they even if they were the ones getting shot).
Kind of an "at war high" that they get. You hear about this with soldiers, cops, and even biker gangs- there's this flood of "excitatory neurochemicals" & when they're in this state, they might be more likely to get all kinds of pissy & indignant when they get counterattacked than they are to think that they're the ones at fault. These people get a "contact high" from it, same as how they might get a high from other people's ego trip & that ego trip is frequently included in tyrannical bullshit. So someone acts like a tyrannical piece of shit & someone vicariously gets off on it, when they might be one of the victims.
People asking questions. Lost in confusion. Well I tell them there's no problem. Only solutions.
Voyager1: Look, you've somewhat confused me. First it's $8000 for an apartment, then it's $100-$200, then it's different to buy than to rent (which I didn't think someone could do with an "apartment"), Telling me "there's no problem, only solutions" isn't helpful- point of fact, it's something that doesn't make sense (how are their solutions without problems?). If you're just trying to go on an ego trip, you might try a drug trip instead.
An apartment is called a condo in the U.S. when it's privately owned property. You can buy single apartments in Europe, just like here, but they aren't called condos over there. You can buy them for as little as $8K in smaller cities in Ukraine, or you can rent them for $100-200/mo. I've got to admit that, like Voyager1, I thought your profession of confusion about this was just sort of a down-the-rabbit-hole bit of funning, and he responded with in-kind Wonderland riddles.
Ha ha, Lennon seems to have coined a lot of popular quotations.
If you solve the problem then the problem does not exist anymore and you can correctly say, there's no problem. Only solutions.
gsjackson: Thanks, that makes sense.
I'm the one that posted the $8K, and that was for the purchase of a single 1-room apartment, just the apartment.
Where else in Eastern Europe besides Ukraine is cheap to live in too? I heard Eurobrat say Romania is fairly cheap, even in the capitol city. I remember Lithuania was fairly low cost too. Not dirt cheap, but not expensive either. Any other ideas?
Is Poland considered part of Eastern Europe or Central Europe?
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Poland is clearly Central Europe for me.
Belgrade and Bucharest come to mind. They're maybe 10-20% more expensive while still being lively enough and with enough cute women around. Sofia, Bulgaria too but I heard that's properly boring. Of course, you can try a real "shithole country" like Albania, Moldova but I doubt you'll have a lot of fun with the post-Soviet vibe and super cliquey attitudes. There's a reason why these countries are cheap.
Well, Czechia (as it's now called), Slovakia, and Hungary aren't too expensive. They're similar to Spain & Portugal, in prices.
I was recently paying about $330/mo (230 euro plus utilities) for a satisfactory furnished efficiency apartment in Bucharest in what I thought was a good location. A monthly subway pass is $17, buses and trams another $13. Food -- you could easily fill up for $7/day. Ukraine apparently is even cheaper. Bulgaria and Moldova comparable. I think it would be a little harder to find a place that cheap in Belgrade, but maybe not.