[Graphic News] Property bubble risks in EU rise
World BusinessOct 8, 2019
The risk of a property bubble in the eurozone surged last year as ultralow interest rates helped drive up house prices. Munich is now the city most vulnerable to a property bubble, according to UBS Group’s annual Real Estate Bubble Index. Frankfurt and Paris are increasingly in danger of prices becoming unsustainable, even as some of the priciest cities around the world cool, the report said. For the first time in four years, London is no longer regarded as dangerously overvalued. Prices