According to UBS, the risk of a real estate bubble is particularly high in the main metropolis.
(Photo: Imago Images/Hans P. Albert)
Zurich Change in interest rates should stop the boom in real estate. This is what the experts of the leading Swiss bank believe UBS In a study presented Wednesday. Accordingly, prices are at very high levels in many metros and have risen further in the first half of 2022. But due to rising financial costs, fewer and fewer people can afford to buy a home.
Matthias Holje, head of real estate investment in asset management at UBS, says: “Changes in interest rates will reveal new imbalances.”
Real Estate Prices in Metros: Is the Real Estate Bubble Bursting?
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Connor Beaumont is a contributor to CA News Ottawa, covering news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on clear, accurate reporting and useful information that helps readers stay informed about current affairs and developments that shape their communities. His work highlights relevant stories, emerging trends, and important issues, presenting them in a balanced, accessible, and reader-friendly manner.
