It's all relative... what would be a wise investment?
German stocks or hundreds of other things I would choose before Polish property.
What a difference 10 days have made, only down 10%. Your predictions are as good as Milky's
Silence, thats all you get from these pratts. They slam down Poland and ignore the economies of the rest of the world. Your property today is worth exactly what you think, or whatever somebody will pay. You do not have to sell if you do not want too. Watch the worlds shares turn into a lottery. Your home/property, exists and will still be there in 10 years time. So, you have a mortgage in CHF and the repayments are hurting. Its going to hurt a lot more if you rent and there is no money coming in!! at least your landlord will look for the next tenant, whereas the bank will only be looking at the bottom figure. Better something than nothing.
The socialist world is a fantasy. Everybody is equal but in reality it can never work this way. The rich have no problem with the poor working hard and catching up. What they object to is the poor wanting to share the wealth without even trying.
People like Milky, CMS, Peterweg etc; will always try and run down Poland. Its not the Poland they want, they wish for a communist system, whereby, they are given everything at the expense of others. Read their posts, if you disagree with them you are called a "Thatcherite" or a neo-com liberal. Everyone is wrong except them and the admin on this forum, allows them to libel anyone that disagrees with them, so say, in the cause of "Free speech"
The serious members of this forum have tried to back up their posts with "facts". The admin seem quite happy to allow the "trolls and spammers"to post what they wish.
I have never pretended to know everything about what happens in this world. My experience is limited to nearly 60 years of life and 38 years in the construction industry.
Look at the advice from CMS to Pip (27-07-20110), invest in German stocks instead of Polish property. The stock market has collapsed in the last 10 days. Has your house/apartment lost the same value in that time?. Genuine people are looking for advice/help which is what I thought this forum was about. I have never promoted my own projects on this forum, only tried to advise people who were thinking of moving here. Admin knows that "Polsky, Milky" etc are posts by the same people, they have admitted as much and yet they do "nothing" about this. What is the point of a forum that restricts, common sense and allows flagerent lies?.There is no problem with a sensible debate, but, that is not allowed to happen here.
God bless all the people who wish to settle/re-settle in Poland. If you want advice, look somewhere else. You will not find any sensible information here.