buying USD/PLN at 3.14-3.16 and selling PLN/USD at 3.20- 3.24 is very easy money at the moment
Thanks for the advice, and it may be a very good one for what I know!
I am not in that market, and I dont have enough behind me to be able to enter without loosing my nightsleep.... so I will stay out of it for at least some years!
Reason why I bring the currency question into the topic of real estate is that people tend to forget about the currency aspect when they are doing the calculations.
I know that the market of foreginers (with loan in there own currency, or euro/french) and the polish with a mortage taken in a different currency then zloty is shrinking and by fare not so important then in 2007/2010 periode, but I think that a shift of 10/20% for 10 to 20% of the players / potential players in a rather smal market as the polish real estate actualy is, the stability and eventually a appriciation of the zloty can be a very important factor to be aware of the next 1 to 3 years when we predict the market!