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Switzerland’s reputation for stability also goes for real estate prices, which have increased 30 percent over the last decade.
A study from bank Lloyds TSB International showed the steady rise means Switzerland has been living without “boom and bust” phases, and the price increase is lower than other evolving markets.
Russian prices increased 209 percent in the same period, and India’s increased 284 percent, while Japanese real estate prices dropped 30 percent, and Ireland’s fell 23 percent.
The average increase in 32 countries evaluated by the bank was 56 percent.