Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Elroy Jetson who wrote (62745)	4/25/2005 1:52:04 PM
From: xropotkin	Read Replies (2) of 74559

regarding east germans buying homes in poland The same thing is going on in the east of Germany where Poland has 121 people per square kilometer and lower incomes. This greatly reduced income density makes homes in Poland dramatically less expensive than Germany. As a consequence the partial EU affiliation has led many Germans to move to nearby Polish towns where they can get twice the home for the same price. i'm not casting aspersions on what you've written, but do you have a link or specific areas where this is happening? there are (easily broken) laws set up to prevent germans from buying real estate in the parts of poland that belonged to germany before WWII. outside of berlin, dresden, and leipzig, eastern germany does not have any cities with more than 500,000 people and seems mostly rural.

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