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Swiss Real Estate Market in... Mar 15, 2008 03:53:41
The FINANCIAL 04/03/2008, -- The Swiss residential property market is in the middle of a soft landing. There is no prospect of Switzerland suffering the kind of upheaval experienced by property markets in other countries. This is the conclusion r... |
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Message from the Owner of SwitzerlandRealEstate.com |
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Swiss Real Estate Market in Relatively Good Shape
The FINANCIAL, 04/03/2008 -- The Swiss residential property market is in the middle of a soft landing. There is no prospect of Switzerland suffering the kind of upheaval experienced by property markets in other countries. This is the conclusion reached by Credit Suisse's economists in their latest Real Estate Study.
Switzerland's individual property markets are for the most part well balanced. Supply and demand within the residential market are evenly matched overall, though a closer look at specific segments and regions does reveal a few imbalances. Recovery continues in the office property market. Overcapacities created in previous years are steadily being reduced. There are some initial signs, however, that this highly cyclical market could once again be heading for an excessive expansion of supply. The boom currently being enjoyed by retailers is diverting attention from structural problems in the retail property market and masking the fact that rents are likely to come under pressure during the next downturn. Only the very best locations will then be able to rise above the fight to stay in the market.
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