Housing developers who bought land in 2012 and 2013 on the Polish market can expect their margins to grow by 20 percent over the next two years, according to analysts. Land prices were at their lowest during these two years. “Currently, land prices are going up, which is pushing the investment costs higher,” says Piotr Zybała, an analyst from the mBank brokerage house. “In addition to this, as Poland’s housing market continues recovering, the price of flats will be increasing in the coming years.”