We discuss the findings of the fifth Global Real Estate Bubble Index, an annual study from UBS Global Wealth Management’s Chief Investment Office which gauges the “bubble risk” in the residential property market in 25 major cities around the world. On the agenda: how pandemic-related restrictions and the rise of remote working have actually weakened the case for urban housing. Plus: why a lack of affordability of home-ownership for large parts of the population has been no obstacle to price increases.
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