markme
12 Dec 2008
Real Estate / House prices in Poland to drop more or rise again? [228]
I am surprised that you say banks are still lending in Poland. Admittedly I've only dealt with WBK, but as far as I can see at the moment they will not give mortgages to locals, and are very slow if not also refusing to give money to foreign investors.
What bank(s) are you dealing with, and are they lending to locals to, say, buy new houses (a matter close to your heart I'm sure!)?
I think people here are not being very optimistic, they are aware that they are tied in but the economy is healthy and banks are still lending.
I am surprised that you say banks are still lending in Poland. Admittedly I've only dealt with WBK, but as far as I can see at the moment they will not give mortgages to locals, and are very slow if not also refusing to give money to foreign investors.
What bank(s) are you dealing with, and are they lending to locals to, say, buy new houses (a matter close to your heart I'm sure!)?