[ad_1]
The number one in the mortgage business expects signs of a slowdown in the Swiss property market due to the crown crisis. A Raiffeisen study lists heralds.
“Sellers and buyers are currently not doing business with each other. The number of hand changes will continue to decrease. This predicts Martin Neff Chief Economist at Raiffeisen Switzerland. According to a study published Thursday, there could be signs of a slowdown in the Swiss property market. The nation’s largest mortgage seller doesn’t want to paint an accident on the wall.
Massive ad drop
Because: According to Raiffeisen, no market reaction has yet been found in property prices. However, the massive drop in real estate ads is surprising. According to the study, the number of single-family home and condo ads hitting the market was cut in half last April.
Raiffeisen sees two main reasons for the slowdown in demand. The capital base of many potential buyers has deteriorated due to massive losses in the stock market. In addition, economic uncertainty has generally increased, so large financial decisions are currently expected.
Will UBS and Credit Suisse merge after the Corona crisis?
-
Yes, because they will not be able to bear their high costs on their own.
-
Yes, there will be cooperation in some areas.
-
UBS will swallow Credit Suisse.
-
Credit Suisse will swallow UBS.
-
No, both banks will remain independent in five years.
