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Old 02.09.2012, 22:12
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Re: Real Estate prices sinking

At least in the Geneva area, this is not new but has been the case since beginning of the year.

See also the articles linked from this thread:

Discounts of 15% on real estate prices in Geneva area

While I don't expect a bubble burst like in 1990 (30% and more value loss in Geneva), a 10-15% correction can be expected in this region.
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