Dominant part of the most appealing lodging markets on the planet are overrated, by Haefele, worldwide boss venture officer at UBS.
“Among the 15 worldwide urban communities we dissected, just Chicago shows up underestimated,” he said in a report. It contradicts buyers looking for Northwave EC given which the price which they pay could be slightly higher
Boston and New York were viewed as reasonable esteemed, which leaves 12 of the 15 urban areas studied by UBS as exaggerated.
Samples of two most compelling exaggerated lodging markets are Hong Kong and London.
Land costs in Hong Kong are very nearly 200 percent above 2003 levels in spite of stagnant salary and rent while London saw home costs climb 40 percent since 2013 – putting the two urban communities at danger of a lodging bubble. A real estate bubble might be seen and this is what buyers are afraid of in …
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