Interesting Article on Polish Real Estate

i agree with what youve said, and the results that irresponsible borrowing can have on individuals lives is tragic, but heartless as it may sound i find to sympathise too much with those who do - they must take responsibility for their borrowing

brokers number pmed - its not for the public forum

I know I should stop rising to the bait but i cannot help myself :-)

why do you think that falling house prices and the hardship that will befall the Polish economy is a good thing?
I am sure that everyone would just love to see the prices come down as it is a sure sign that the Polish economy is knackered or that investors have lost faith in Poland as a country or perhaps kind developers will just build lots of homes at cost price rather than the 40% profit that they usually charge;-)

why do you think that there is 'no global market' in this case?

This I think the chances of a Subprime morgage crisis in the UK is a very real possibility.

I know in London lots of seriously unscrupulous morgage brokers who have helped many of my friends on to the property ladder but I fear this will blow up in their mugs.