Zug boom raises property bubble concerns

8th November 2010, Comments 0 comments

A forest of cranes reflects the economic boom that remains in evidence in Zug, where fears are rising over a property bubble emerging along with the new tower blocks overlooking the central Swiss city. The cantons economic development officer tells Swisster there are no signs of demand for residential - or commercial property - letting up, given the expansion of multinationals and rise of commuters working in nearby Zurich.

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