Such opinions are heard in market research in large cities across the country. As demand in Zurich is fueled by hiring from companies such as Google, city center apartments are renting for record prices starting at 18,000 euros per square meter, more than double those in London, according to Bloomberg.
Taking into account the remote mountain villages included in the canton of Zurich, the asking prices still remain at the level of Paris. In August they increased by 5.8% compared to last year, showing the most significant increase in 16 months. At the same time, a decrease in indicators was recorded in Paris, Vienna and Berlin. UBS Group AG ranks Switzerland as the country with the highest risk in the world of a property bubble.