Law /
How deep is the Gloom in the Poland's Economy [84]
The thing that most Polish people want is a house/flat/apartment, between, 60-70m2 with 2 bedrooms. The cost has to be around 200-250,000. Unless the land can be bought very cheaply, this is not going to happen., especially in the big cities.
I've never seen a house/apartment for this price, Poles would love to have a large free standing house, but know that could not afford it, both to build and maintain. Thanks for your view, but you seem to be all over the place, firstly a house is only worth what somebody is prepared to pay and secondly in a major economic downturn all rules of investment go out the window. Just look at the American situation people borrowed to buy mac mansions and almost overnight the price of their investments fell by half and secondly no one wanted to buy into a sick housing market, these well off people were forced to walk away and ended up living in cars at local parks. I know the situation in Poland is different but one thing is for sure if there is a second economical downturn people will be forced to sell at rock bottom prices. Poland seems to be going well but who knows, how is it going to pay for major reforms and pay retirement pensions. Has somebody done a audit on the state of Polands finances?
The cost of building you say is up to 6000zl a metre, (seems very) I wonder what the real cost is or are these inflated by the builders.
I like your last comment that your only care for my Polish family and friends, sounds nice but that type of thinking is negative and could easily be your undoing.