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Old 24.08.2016, 03:03
rainer_d rainer_d is offline
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Re: Any feelings out there about property prices?

If you want to sell now, sell.
The SNB isn't worried because they're pussy-cats.

The amount of debt people have accumulated for housing is staggering.
Worse: a really large part of our pension-funds are invested in real-estate, too.
They're the ones building large rental-complexes.
What would happen if nobody rented there?
I think I read that you only need about 20% unoccupied apartments for the whole balance-sheet to fall into the negative (or some other ridiculously low number).
As long as net 50-100k people per year enter Switzerland, that bubble is going to further inflate - but god help us if that flow stops or reverses.
That will be really, really, painful.
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