I am happy you are boasting and bragging to others how smart you are by the fortune you made but that is not the issue.
Im not bragging and i didnt say fortune, i was stating a fact which proves i dont have underlying agendas in disagreeing with you which you have suggested previously.
I do not like people who brag about such things it is very distasteful and primitive.
As mentioned before i didnt brag and i dont care what you like or dislike. I dislike people droning on and on about the same point for months.
They have been dropping for two years almost as they are over valued based on 1) cost 2) income 3) over supply. 4) tight credit
Im not denying that, I agree that the market needs a shake up and that is exactly what is happening right now. Its good for the market it didnt take a genius to spot the market was way out of proportion from 2004 - 2008.
Poland people are buying cars and going to the countryside.
No there not many cant afford them, let alone the transport costs, i hear you thinking lets build houses for 150k. Thats not going to happen either as those prices are available only in fairy land.
Luxury apartments are nothing more than blocks of flats for fools.
Wrong again, luxury apartments are luxury apartments within luxury buildings some have gyms and swimming pools, what do you call them communist puddles for idiots?
I have lived in a block and its awful.
Judging by your posts, i can imagine what type of communist blocks you have lived in.
that is why the trend is to move out of the city.
But its not though.
But supply is increasing.
Builders will simply stop construction if the units are not selling, what kind of business man completes at a loss?
Marginal price should equal marginal cost.
Unless its state housing no developer will build for any less than 33% land, 33% costs, 33% profit. Thats the global standard, if that cannot be met within a stable
market the development of new properties by private developers will mostly cease to a halt.