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Ubs: Eurozone at risk of a property bubble. Milan is the best bet

01 October, Il Sole 24 Ore

The Ubs Global Real Estate Bubble Index for 2019, analysing the residential property prices of 24 big cities around the world, reported that Munich is the city with the highest risk. Among the cities in the Eurozone, Amsterdam, Frankfurt and Paris are also overrated. The bubble is fuelled by the low interest rates, favouring properties purchases. Milan offers the best investment opportunities in Europe, as prices had risen only moderately. House prices, in fact, are the same as in 2007, while the quality of the offered properties got better.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi