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Swiss regulator steps up focus on housing market boom

Posted on 26 January 2012

Switzerland’s financial markets supervisor is stepping up its focus on the country’s booming housing market to try and avoid a potential price bubble developing, it said Wednesday.
The Swiss property market is currently enjoying a boom as historically low mortgage rates and the migration of cash-rich migrants spur demand for houses and apartments, pushing prices, particularly in prime lakeside locations in Zurich and Geneva, sharply higher………………………………………..Full Article: Source


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