13.12.2012 - Swiss property boom is biggest risk for the economy, UBS says

Switzerland’s residential-property boom is the biggest risk facing the country’s economy, according to Daniel Kalt, UBS AG’s chief Swiss economist. UBS’s Swiss Real Estate Bubble Index entered the “risk zone” for the first time in more than two decades in the third quarter as investors were attracted to one of Europe’s most stable and prosperous countries during the sovereign debt crisis...............................................Full Article: Source

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