Polish real estate

Krakow Real Estate
The real estate builders in Krakow are the greediest people I know.  Their typical net profit margin is over 100%.  Even in this downturn they are not lowering prices much.  Do you want to work your whole life for some guys fat profit in the Cracow real estate market.  I do not.  And [...]

Continue Reading Krakow Real Estate

Tags: Polish real estate

Polish real estate
Polish real estate is too high. Why do I say this about real estate in Poland after it has come down already by about 15%?   Over supply and weak demand based on tight credit and earnings not matching real price value.
Polish real estate explained.
You should take the average monthly earnings in your area [...]

Continue Reading Polish real estate

Tags: Poland, Polish real estate