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by st4lz 1263 days ago
Plan all big improvements to your house, when the construction sector would have a hard time finding a job. Any expensive improvement like roof, road, fence should be much cheaper.

I consider the Eastern Europe having unique opportunity these days, as the Ukrainian market has extremely good potential to grow in many areas. If it goes EU+NATO direction after the war, it may boost the whole region and follow the direction set by other countries two decades ago. Just the property market alone rose manyfold in those countries after the EU access.

I am in a similar position to you, living in EE country as well. We may exchange some contact and share some more info if you are interested.

2 comments

Potential is great, but so is the risk. For example consider this: apartments in Kiev are now priced at about 50% of their usual price, you may buy one. Now hypothetical scenario: in the Spring there is an Russian offensive on Kiev and your investment is destroyed, you have $0 in that case.

I think investing and war are very very bad companions. If you want to _invest_ your cash you should avoid too risky moves.

On the other hand if you want to _speculate_ then go ahead, but be prepared to lose 100% of money for maybe 200% gain (for my example with real estate).

I don't say you have to rush and buy anything now. After the uncertain long-term peace, there would be many issues to rebuild the country for years.

That is why I don't see many people living in the West would consider it safe enough anytime soon. If the correct legislation and public funds would build up over the years, with the natural resources, land fertility and industrious population it may grow even faster than post soviet block in the 90s.

I don't say it's certain, I just consider it possible.

The English word for the capital of the Ukraine (not ‘Ukraine’!) is ‘Kiev,’ just like the English word for the capital of Italy (not Italia!) is ‘Rome,’ not ‘Roma,’ or like the English word for the successor state to the Ottoman Empire is ‘Turkey,’ not ‘Türkiye.’ There’s no need to use a foreign language’s words for the names of places where that language is spoken.

Using the correct English word ‘Kiev’ in no way is any form of support for Russia’s evil war; it is simply a form of support for … correct English.

> We may exchange some contact and share some more info if you are interested.

Sure, email me at poordadrichsonhn / gmail