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Old 09.11.2020, 16:05
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Re: Should I buy a home or invest? I just reached 200k in savings and they are sittin

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Buying real estate is also an investment, and the price of houses in Ticino area are going up, not down so you will realize capital gain returns once you sell it.

If you are aiming at an apartment or houses around 1,000,000 CHF, you should buy at least a 2 bedrooms’ unit because (1) you may start a family soon, and (2) you can rent out the spare bedroom to help to paying the mortgage. Interest rates in Switzerland are rock-bottom low right now, plus the Central Bank might release another stimulus package to fight off the 2nd wave of COVID-19, so shopping around with banks might get you a sweeter deal.
Just because prices are going up now doesn't mean they will in the future!

If you know you want property long term, having your money in property gives a level of hedging. Its current value follows the market which is OK if selling and then buying another place, no matter which direction the market moves.
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