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Real estate, Milan is the city with the most interesting prices

 

2 October 2017

According to UBS Global Real Estate Bubble Index 2017 by UBS Wealth Management, analysing the prices of residential properties in 20 cities all around the world.

Milan has the most convenient prices among the European metropolis, to the point that a qualified professional of the service sector has to work on average only 5.7 years to afford a 60 Sq m apartment.

According to the UBS Global Real Estate Bubble Index 2017  by UBS Wealth Management, analysing the prices of residential properties in 20 metropolis all over the world, Milan continues to show the most convenient prices compared to other financial hubs of western Europe, for what concerns the property market.

Toronto is the city with the highest risk of a property bubble, followed in decreasing order by Stockholm, Munich, Vancouver, Sydney, London, Hong Kong, and Amsterdam.

The threat of property bubble increases in Stockholm, Munich, and Amsterdam, while Frankfurt, Zurich, and Geneva have further appreciated compared to 2016. London is still at risk, even though less than last year.

 

Source: http://www.teleborsa.it/News/2017/10/02/immobiliare-milano-e-la-citta-che-offre-le-valutazioni-piu-interessanti-169.html#.WdzAfDtJnIX

Translator: Cristina Ambrosi