House prices in Germany and Switzerland

LoadingFavourite

This topic contains 7 replies, has 4 voices, and was last updated by Profile photo of angie angie 3 years, 1 month ago.

  • Author
    Posts
  • #57836
    Profile photo of Anonymous
    Anonymous
    Participant

    Two interesting charts illustrating house price changes in Germany and Switzerland in recent years. Meanwhile Spanish house prices have plunged.

    GERMANY

    SWITZERLAND

  • #118579
    Profile photo of Anonymous
    Anonymous
    Participant

    What does ” nominal ” means in the context ?

  • #118582
    Profile photo of Anonymous
    Anonymous
    Participant

    @shakeel wrote:

    What does ” nominal ” means in the context ?

    Before adjusting for inflation.

  • #118584
    Profile photo of Anonymous
    Anonymous
    Participant

    Thanks, I should have worked that out.

  • #118587
    Profile photo of The Australian
    The Australian
    Participant

    well in Switzerland there has also been a “safety view” with people buying assets there while the CHF strengthened a lot in recent years , both effects due to the EURO crisis.

    Plus in Zurich there is a lack of new housing, while their economy is getting stronger.

  • #118588
    Profile photo of The Australian
    The Australian
    Participant

    in fact you can see prices climbed faster since the Lehman collapse

  • #118595
    Profile photo of Anonymous
    Anonymous
    Participant

    It helps that the housing stock in Switzerland is high quality and well maintained. This is obvious just walking along the street.

  • #118596
    Profile photo of angie
    angie
    Spectator

    Talking of property rises and bubbles, there’s a strong rumour going around today that George Osborne might pop some of London’s bubble when he delivers his Autumn Statement by imposing a Capital Gains Tax on Foreign Owned properties in London if they constitute 2nd homes which many probably are. It seems that foreigners have not had to pay CGT on profit on disposal of 2nd homes in the UK whilst Brits have to pay 🙄 He is of course saying nothing when questioned 🙄

You must be logged in to reply to this topic.