Real Estate /
Demand for apartments low in Poland's main cities [89]
Please stick to topic....
You are the one claiming that prices will go down "+20% this year". You claim that that is your bet: so make the bet.
Seeing as you won't take odds of ten to one, I'll now give you twenty to one (i.e. if you win you get 1,000zl but if I win I get only 50zl) that not even one city in Poland will see falls of more than 20% in all price per sq. m bands and all flat size bands this year. Come on, money where your mouth is.
Demand for apartments low in Poland's main cities.
Demand is still high. The problem is that people can't borrow the money that they need to buy the properties they want.
Asking price in Wroclaw in September was 6746, actual selling price was 6367.
You mean that it is usually possible to negotiate prices when buying property? Well who 'da thunk it?!
So its already 10% lower than what you believed.
You're assuming that he lives where the average prices are and not in one of the nicer bits or in the city centre. I wish that prices in the neighbourhood I want to buy in were the Warsaw average!