Mortgage buffer ruled out amid slowing market
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Mortgage buffer ruled out amid slowing market

Zurich : Switzerland | Aug 27, 2012 at 12:11 PM PDT
Source: SwissInfo
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Low interest rates have contributed to a boom in real estate prices, especially in the hotspot Zurich and Geneva markets. To rein in a possible credit bubble, the SNB announced the creation of new capital buffer requirements in June.   Under the new regulation, banks could be ordered by the government... FULL ARTICLE AT SwissInfo
 
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