Real Estate /
Global Housing Collapse Spreads East [8]
I have been telling forum members for the last 2years that the Polish Real Estate is over priced
yes you have and most who know the market agreed with you citing the greed of locals for the over-inflated prices. they also said that there was still money to be made, which there is and was
I have heard some buildings build by these cowboy companies have developed structural damage as a result of faulty workmanship and will have to be demolished in the near future.
absoltely - there is no denying that shody workmanship, unregulated and dodgy standards combined with cutting corners to make a quick buck has resulted in a lot of substandard developments in poland - much of this can be seen in some of the high profile developments which must be embarassing for some