those who bought in 2004 and 2005
I was here in 2002, a mortgage was the same price as rent.
And people were telling me back then that prices were too high.
Most people in Poland live in the countryside, just look at the demographics of the country, 38 million people and relativly few in the cities.
As this country has been turning from an agricultural (rural) to a customer based and industrial erconomy people will move to the cities but that doesn't mean they have to live in zone one.
This also effects the price per metre square and so long as there is work and there is work, the prices are not going to plumet like some have warned.
I personally think that the world economic crises happened at a good time for Poland. If the economy had have persisted, Poland would have become the next Ireland.
It was just before it got rediculious that this price correction happened, you can't call it a crash even by looking at your own predictions just there milky.
Is Poland a good property investment? Not unless you live here and that depends on where you live.