Switzerland has experienced a real estate boom for decades. Many people took out mortgages because interest rates were so low. The interest rate turnaround has now put an end to this boom, but the prices for single-family homes and condominiums have not fallen noticeably. According to surveys by Raiffeisen/SRED and IAZI, they even rose again in the third quarter of 2023.
2023-10-13 07:45:22
#Graphic #week #Real #estate #affordable #interest #rate #shock #remains #expensive
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