Monday, January 12, 2015

Janusz Piechociński not give up on the idea of ​​building societies – Money.pl

Janusz Piechociński not give up on the idea of ​​building societies – Money.pl

2015-01-12 15:34

 Janusz Piechociński not give up on the idea of ​​building societies

[Photo: PAP / Jakub Kaminski]


Deputy Prime Minister, Minister of Economy Janusz Piechociński to criticism of this solution from the head of the Ministry of Finance Matthew Szczurek replies that Szczurek made a mistake and says it will talk to him about it.

– I will discuss with him because he made a mistake, he spoke of other tills than those whom I thought. The Minister Szczurek like me forcefully argues, need to encourage Poles to long-term savings. Where does the problem of raising their own contribution to the mortgage? We have little resources, and how to take too much credit, we are not able to keep the apartment and then the trouble – so Piechociński referred to the words of the head of the Ministry of Finance.

inquired, asserted that not give up on the concept. – I think that the dialogue partner can get a consensus on which building societies reconcile the mechanism of long-term, safe investment with growth, investing in their future, which is an apartment – Piechociński said.

The finance minister said on Thursday during a budget debate in the Senate (Senators answering questions regarding. program of building societies) that is strongly opposed to the construction and residential building societies.

By Szczurek is invitation to the crisis . – For several reasons, starting with the fact that it is in my opinion a pyramid scheme, which we will not be able to remove – stressed the Minister of Finance. The books of housing are still a problem for the budget – he said.

He also expressed the opinion that such a program would be public funds engaging in something that is still a form of consumption . Besides, it is an investment with a very low rate of return and it is irresponsible makroekonomicznie – Szczurek noted.

At the end of November last year Piechociński announced that in February and March 2015. Will be presented a project on housing associations. – The idea is far advanced. It will be no tax relief, but in a different form. We will reward those who regularly a few hundred dollars or more per year will be put off. I think that this mechanism is stable, because also creates a strong power source of capital for the economy – convinced Piechociński.

In an interview with PAP he specified: When perturbations with further support for housing programs, as Family on its own and now MdM, we need to return to the idea of ​​building societies premium for systematic, monthly savings and perhaps link this insurance, for example. ‘third pillar’ (…) The point is that in such a system saving entitled not only premium national housing fund, but still some additional mechanism of insurance pillar .

Cashier housing is one of the forms of saving and investment to obtain money for housing. This mechanism requires the involvement of banks that carry credit and savings accounts for individual customers and provide loans for the housing needs of the account holder.

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