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2013-02-13 — ktvn.com
``The Swiss Bankers' Association, a trade group, acknowledged the country is facing a potential bubble in its housing market, but said it was brought on by "structural reasons such as increased demand due to immigration."
It called the increased capital cushion an inappropriate tool to fix the problem because it could adversely affect the economy and the banks by raising credit costs, and called on the Federal Council to relax the new requirement at the earliest opportunity.'' source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |