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Old 23.10.2016, 21:49
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Re: Is Zurich experiencing a housing bubble?

This is one of the reasons why house buyers in Switzerland need to have a minimum of 20% deposit - often more nowadays.

I remember the crisis in the 80s in the UK, where house prices dropped and many of my colleagues had 110 or more % mortgages. Our own mortgage interest rate shot up to 19.5 %.
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