Swiss banks have agreed to tighten lending conditions for investment properties following concerns by the Swiss Bankers Association (SBA), a self-regulatory body. The SBA, which represents most of Switzerland’s banks, has issued new lending guidelines requiring lending deposits of at least 25% of the assessed value of the property for residential investment properties. In addition, […]
Swiss real estate heads further towards bubble territory
Last week UBS released its real estate bubble index for the last quarter of 2015. According to the bank, the risk moved from 1.34 in Q3 2015, to finish the year at 1.41. Anything over 1.0 is considered risky and anything beyond 2.0 is bubble territory. Before property prices crashed in the 1990s, the index rose […]