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The high property prices in Eastern European cities is mostly driven by two factors, neither of which has anything to do with earning potential. The first is the fact that no one in their right mind wants to live in the smaller cities and villages. The second is these countries often have a lot of bureaucracy/red tape/corruption around building new apartment complexes to accommodate the population growth leading to an artificial shortage. There's also the massive housing bubble that's happening across Europe with artificially low interest rates, but that's happening in western Europe as well. I wouldn't be looking at buying property in any European city right now unless it's an absolute steal or you can afford to wait out the correction that's around the corner.
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