Real Estate /
The current property boom in Poland is a bubble [342]
I do believe there is some money still to be made, but long term property is not something i'm after in Poland, I have my piece of land, a flat and will probably build next year, i suppose i'm lucky as i will still be able to keep the flat. I think the big money making on quick turn overs may be not as good as 5 years ago. But thats my op. Im sure there is others here willing to give it a go.
I do think it is hard for the locals, some find good jobs, some dont, its like that all over the world, look at some of the areas around Melb, i would not live their, but its up to people and what they can afford, atleast in Poland uni is free. so you do have a good education system.
I think some of the big companies coming into Poland, should have stricter rules placed on them, its not a slave labour country, they need to treat people a bit better, i have heard some shocking stories.
I suppose the big difference i see is that some of us foregniers can afford to take a gamble with our money and it wont kill us if it doesnt work, but if it does, we have made a bit.
As for us investing in Poland, each to there own, i pay my tax here, zus, insurance, all the thing locals do, so i see no reason why i cant make some money here.