milky
18 Jul 2010
Real Estate / Buying a flat in Krakow; prices are still falling? [200]
Its not just crazy its a Ponzi scheme, based on Poles earnings in the west. Cities like Lublin with the lagest emigration will see their property prices going down slower than Krakow,Warsaw as their property buying population is elsewhere.The denial going on can only last so long, as economics call the shots, As one of the more objective guys on this site said recently something has to give.
That was still amazing and crazy as this is not Paris!
Its not just crazy its a Ponzi scheme, based on Poles earnings in the west. Cities like Lublin with the lagest emigration will see their property prices going down slower than Krakow,Warsaw as their property buying population is elsewhere.The denial going on can only last so long, as economics call the shots, As one of the more objective guys on this site said recently something has to give.