Swiss Economicblogs.org
Investec Switzerland. Source: UBS Risks to the Swiss property market remained elevated in the second quarter of 2016, with rock-bottom interest rates propping up demand for residential assets to be rented out for investment purposes. Still, UBS Group AG’s index experienced a “slight” decrease in the period, according to economists Matthias Holzhey and Claudio Saputelli. That’s because of a slowdown in the pace of mortgage growth and a 0.6 percent decline in home prices on an...
Read More »UBS says Switzerland still at risk of real-estate bubble
