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Old 24.10.2016, 12:04
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Re: Is Zurich experiencing a housing bubble?

High End London prices are off 25% over the last 18 months, thats in addition to a 20% fall in the value of the . When prices are in a bubble they fall a long long way. London prices are currently about 12 times salaries, even if they fell to 6 times they would not be a bargain. In the 1990's property dip, London sold for less than 3 times salaries thats a drop of over 75% from todays prices.

A geared investment is always very dangerous with a 20% deposit your investing 500% of your money in a single asset. Don't put all your eggs in 1 basket is thought prudent although ignored by people buying a home.
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