Serious price increase on the horizon for Budapest spas

3 Comments

1. Denes says:

   23/01/2022 at 11:43

   Only the salaries remaining the same like a 3rd world country

2. Norbert : says:

   23/01/2022 at 13:20

   – 9.4% = Gross Domestic Product of Hungary – from Tourism.
   – 27% Vat – highest of Member Countries of the European Union.
   – Inflation = at 14 month High and Rising.
   – Interest Rates = only country in Europe post February 2020 – to RISE Interest Rates.
   – Forint = continues to be under PRESSURE – from all other major currency trading countries.
   – Property Market = the “Broadsheet” market = under growing mounting pressure due to – SELLERS numbers “Dangerously” outnumbering Buyers.
   We continue to Build on – apartments,flats,houses – renovations – new Hotels – new warehousing and storage facilities.
   WHO are going to be the Buyers ???
   Foreign Investment over past 10 years in Hungary – into the Broadsheet Property Market – we are paying a price in January 2022 that will continue, the authorization of foreign investors – number 1 – the Chinese, followed by the Vietnamese then Germans – the (3) three BIG Players – who are in great part responsible for the FALSENESS of Values – that we experience in Budapest, Hungary at this time.
   There will be – CARNAGE – witnessed within the BROADSHEET – landscape – under Property in Budapest, Hungary.
   Asking this question, applying no academia for example to the question – with what we are seeing living in at present in Budapest, Hungary – an – ECONOMY – in greater part under “Seige” – in its “Core” the fundamentals globally used and recognized by respected companies – that evaluate the performance presently of a country and in its Future – short & long term – that will not for the next (2) two to (5) five years – see our Economy – the Hungarian economy – return to Normality – trending up-wards or establishing – Stability – what is NOT going to stop the Carnage – that I predict – Factually occuring within the BROADSHEET of the Property Market ???
   Rating on European countries published over past (8) eight days – listed Hungary as the second lowest in Standard of Living – and in Quality of Life – in Europe.
   REMEMBER – we have an “Ageing Population”.
   We have a population of 9.6 million just.
   Hungary – we STILL trend – that there are more deaths yearly of Hungarians than babies being born.
   Nothing – across the Economic & Financial Spectrum – is going to get CHEAPER in Hungary.
   February 2020 – has changed Hungary – changed Europe inclusive of Great Britain and the Global World.

   9.4 % of our Gross Domestic Product – earned from Tourism – High Hlobally – looking at “other” countries – there Balance Sheets – dependency – of earning – from Tourism.
   27% Vat – charged by the Hungarian Government – the HIGHEST in the Member Countries that are in the European Union.

   We still live in times Hungary – the existance of a Novel Virus “sweeping” – reaping havoc throughout the World – the massively CHANGED world – post February 2020.
   Will there be ANOTHER Strain after Omicron ?
   Don’t turn your lights out to this PREVALENT question.
   REMEMBER : the World got caught – with its “Pants ” down – totally un-prepared that a Viral Pandemic – a Noval Virus – that had – NEVER – preparations by Governments nor the World by countries – that the likes of the present Novel Virus could – “Invade” – the Global World – as we know in FACT – it has.
   Life has changed – Hungary has changed – Global Markets changed – the WORLD has Changed – and the “ZENITH” of change – by countries Hungary exampled – and Globally – this uncertainty, turbulency – the SOFTNESS – witnessed in great number, of countries, there – Financial Status – non ability to exist through lack of Assets/Funds – needing to BORROW – to keep functioning – or “Crying” out for Help – from “other” countries – who may or may not – have facilities to assist them – Heart Breaking & Sad.
   Globally – the World and we in Hungary – Know its the Case & Happening – post February 2020 = and our DEBT – as a Country will continue to Grow.
   The finding – what could be termed a Leval of Normality – a Base of Stability – maybe in the next (2) two to (5) five years – and we – HUNGARY – will not – the World will not – become a – CHEAPER – place to Live – post February 2020.

   Who pays for RISING Government Debt ???
   How is esculating Debt – deemed by a Government – as NECASSARY – by on Borrowing – be careful it is not “Veiling” its TRUE Financial Postion – who pays – for the Rising Debt(s) of a Government ???

3. Caritas : says:

   23/01/2022 at 14:29

   This PAIN – caused by the arrival of this Noval Virus – February 2020 – that has entered and inflicted – agony
   and suffering – on the greater percentage of Humans on this Planet – come back to Hungary – if we DON”T bleed equally – and not see – Blatant acts of GREED – in Price Rises that are acts of EXTORTION – on Human beings – our pain may be LESSENED – going forward.
   GREED – report on Ikea – (7) seven days past in DNH – then the title of this artice – then Foreign Minister “Weighing” in – propaganda to large degree – that the Government support and want to encourage growth for domestic supply chain for Food companies – then Government “ceiling ” on certain commodities – sugar as example.
   GREED – bleeding of people – that FIGURES explanations can be created to TRY and cover – GREED.
   Hungary – we just HAVE to ACCEPT – nothing is GOING to Get Cheaper – and what that escalation of the Cost of Living – causes and inflicks on our Hungarian Lives – its aftermath – doesn’t paint a joyous nor colourful picture.
   WHY – are HUMANS affraid – not to abuse others by saying – GREED drives you ?
   Humans – the concern or postion see and witness – inclusive of observation – why not vocally/orically could be in written form of communication – communicate like so:
   “Respectfully the price you ask does not rest comfortable with me and could be considered – you being exploitative or greedy in the price you ask”.
   Candour – my position.
   I can assure you – this example – not just post February 2020 but a life “beavioural pattern” – and not being born with a “SILVER ” spoon in my mouth – that finds me, in the “Gloaming” years of my life – Finacially Secured, that I detest – GREED.
   Hungary – just watch it – and make Big Waves just like Tonga have experienced – likened to a Tsunami – and OBJECT – make your Position be Known – RESPECTFULLY.
   Respectfully – you can – Shame & Blame others.