London Has The World’s Highest “Real Estate Bubble Risk” – UBS
If someone offered you an investment that was sure to make a return of 10% per annum for the next seven years, where you only had to put 50% down, and the bank would happily lend you the rest for 3%, would you take it? Most investors would not pass up this opportunity. This is the reality of the real estate market in prime cities around the world. In Munich, Toronto, Amsterdam, Sydney and Hong Kong, prices rose more than 10% in the last year alone. Annual price-increase . . .
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