View Single Post
  #18  
Old 04.02.2013, 22:44
jacek's Avatar
jacek jacek is offline
Forum Legend
 
Join Date: Oct 2007
Location: Aargau
Posts: 8,855
Groaned at 125 Times in 92 Posts
Thanked 6,571 Times in 3,638 Posts
jacek has a reputation beyond reputejacek has a reputation beyond reputejacek has a reputation beyond reputejacek has a reputation beyond reputejacek has a reputation beyond reputejacek has a reputation beyond repute
Re: Mortgage deposit %

Quote:
Was that grapevine every person in Switzerland, plus the entire Swiss media?

Here's the 22 yards prediction, which is worth as much as anyone else's: at some point, interest rates will increase. House prices will start to drop ... slowly, and not by a huge amount (this is a very illiquid market. Sales are rare, and slow). New buyers will end up paying a little less for their homes, but more on their mortgage payments.

So if you're all cashed up and don't need a loan, sure, wait. But otherwise -- I doubt there's going to be a big financial benefit.
That's why until then watch them growing, me said and when the right time comes - unleash your cash
Reply With Quote