Property News · April 8, 2019

Boom risks taking Swiss real estate sector off-piste


In a country that prides itself on economic stability, phrases such as “too big to fail” can grab attention in Switzerland, especially when spoken by the head of the financial watchdog.But that warning this week about the country’s mortgage market by Mark Branson, the chief executive of the Swiss market supervisor (Finma), hardly came out of the blue.In recent months, several red flags have emerged about the health of the Swiss real estate sector, as prices for buy-to-let properties have…

Source : South China Morning Post
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