Economics
Swiss Housing Market Bubble Looms Closer, UBS Says
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Switzerland’s property market is at greater risk of overheating, raising the question as to whether authorities have done enough to curtail the boom.
The UBS Swiss Real Estate Bubble Index rose to 1.23 points in the fourth quarter from 1.2 points in the third, according to a statement from UBS AG today. A reading above 2 indicates a bubble.