(Bloomberg) --
ADVERTISEMENT
ADVERTISEMENT
In Switzerland, the proportion of empty apartments and single family homes hit a two-decade high this year. With the central bank’s policy benchmark at -0.75%, yield-hungry investors have piled into the property market in a bid to compensate for meager returns elsewhere. That means excess supply in some areas and the Swiss National Bank has warned of a market correction.
©2019 Bloomberg L.P.
RECOMMENDED FOR YOU
POPULAR
1
M&M Financial Q4 Results: Profit Falls 9.5%, Misses Estimates
2
Mahindra Finance Fraud At Mizoram Branch Impacted Q4 Profit By Rs 135.86 Crore
3
Buffett Says US Corporate Taxes Likely To Rise To Tame Deficit
4
AI Scamming To Emerge As Next 'Growth Industry', Says Warren Buffett
5