Jump to content
House Price Crash Forum
Sign in to follow this  
Doctor Dick

29 Gubenstraße, Germany

Recommended Posts

1. This is former GDR (East Germany), which used to be a "workers' state", and now is a state of the unemployed

2. This is a small town near the Eastern border - these are hit the hardest

3. An open border at the end of 2009 looks like an error, if not a lie. The Germans (and the Austrians) have asked to keep the Eastern neighbours out until May 2011 (the longest they can), citing high unemployment. Unless Brussels rejects their applications, there won't be many legally employed Poles or Czechs in Zittau until 2011. Even after that they are likely to go where the jobs are, not to Zittau.

4. And yes, as already mentioned by Doccyboy, the Re..., sorry, Bundesrepublik, is very much a welfare state, where tenats have strong rights, even if they don't have money to pay the rent.

Add it all and think for yourself!

Share this post


Link to post
Share on other sites

Not bad for that... less than 2 hours drive to both Pague and Dresden (both of them amazing).

Another use for it (if vacant) - hire it out for Irish wedding parties (the guests can spill over to local hotels). The Bratislava Airport, with its cheap Ryanair Dublin connection, is quite close.

Share this post


Link to post
Share on other sites
1. This is former GDR (East Germany), which used to be a "workers' state", and now is a state of the unemployed

2. This is a small town near the Eastern border - these are hit the hardest

3. An open border at the end of 2009 looks like an error, if not a lie. The Germans (and the Austrians) have asked to keep the Eastern neighbours out until May 2011 (the longest they can), citing high unemployment. Unless Brussels rejects their applications, there won't be many legally employed Poles or Czechs in Zittau until 2011. Even after that they are likely to go where the jobs are, not to Zittau.

4. And yes, as already mentioned by Doccyboy, the Re..., sorry, Bundesrepublik, is very much a welfare state, where tenats have strong rights, even if they don't have money to pay the rent.

Add it all and think for yourself!

Have a look on Google maps to the east(the aerial view) particularly the bit of land that belongs to poland, one or two pot holes! :rolleyes:

Edited by FrustratedFTB

Share this post


Link to post
Share on other sites

To quote wikipedia:

After the reunification in 1990 most of the big textile-enterprises that survived the time of the GDR nearly without any changes and any further investment closed down in just a few years. The city lost most of its economical strength. In addition, lignite surface mining was discontinued on the outskirts of the city in the foothills of the Zittau Mountains, while it still goes on across the border in Poland. This, however, has saved parts of the city from sure destruction, yet primarily now dormant military garrisons and schools. The city is also disadvantaged by the cheaper labour from neighbouring countries

http://en.wikipedia.org/wiki/Zittau

Share this post


Link to post
Share on other sites

i have friends that live in germany, and they said the east of the country is pretty much ghost towns. it may be a nice holiday home, but if you have to travel 2hrs to get a pint of milk when u run out...

Share this post


Link to post
Share on other sites
Interesting thread here on overseas investment forum. Looks like some investors from NI may have got their fingers burned in the German market.

http://www.housepricecrash.co.uk/forum/ind...118844&st=0

so the german grass aint greener

what a surprise!

for those who have lost their shirt and trousers

rock on!

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   295 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.