While prices rose 61% from 2013 to 2019, they fell significantly for 5 years before that. If you look from 2008 until 2019, they rose 34%. That isn't very much. If you consider inflation, the interest paid on the mortgage, and cost of maintaining the value of the building, it's a clear loss. A member replied, "Easy answers: average salary is 25k CZK, monthly rent of appartment is from 6k CZK to 20k CZK, the cost in Prague is doubled than outside. Single person can easy live with 1000 USD/month, with 2000 USD you are very comfortable even in Prague. Many Americans are in Prague." .