There was another poster who claimed equally that the "Irish" were the worst but he has not posted since.
I wonder if there is a connection with our new guest?.
If thats me your referring too, here I am, lets put the nasties behind us and move on. Been away for a while and had no access to a computor.
Let me just say I was not referring to individual investors, just the corporate ones, anyway.. Look I hope people make a good return with property investments providing it is fair and honest. I've pointed out that there are a lot of wild cards when investing in real estate in Poland, one which has surfaced is the falling zlote, changes in exchange rate of foreign currency against loans are just a few. One point which is crucial (and you have made this point) is that wages must increase before real estate prices increase.
The idea of buying cheap country property sounds great and is indeed very cheap, but how many people in the country would be in the market to buy your property, Poles tend to purchase a block of land and build themselves.
More important access to hospitals, transport, and employment, let alone cost of heating and electricity. Poles have traditionally lived in flats/apartments and buying a detached house is somewhat new, it has its positives and negatives.
Its cheaper to buy a country property in the States than getting involved in red tape and uncertainty.
Undoubtedly I will get quick responses from property investors telling me the opposite hmm