Real Estate /
Poland's apartment prices continue to fall [1844]
Let's see how he spins this.
Simply by focusing on high end apartments in city centres prices from 4 years ago (peak).
By focusing on the slow down in the economy therefore unemployment figures, again for the last four years.
Ignoring the last 20 years,
By ignoring houses/apartments outside of the centres of cities.
Apartments outside of the cities are affordable and it's cheap enough to get transport into the cities.
I lived in a town for years 35 Km from Krakow, the cost of transport, return, is 7 Zloty.
Most Polish people live in the Polish countryside, jobs are mainly in the cities and so there is an urban influx over the past 20 years.
I personally think that the economic slowdown in Poland was great for Poland, Ireland did not have a slow down, prices skyrocketed and burst.
If there was no World recession, I fear Poland would have most certainly gone the same way but it didn't.
Anyway, this is a forum, it's not as if anyone is going to reconsider their position, so all of this is really just farting in the wind :)