Matthias Holzhey

Matthias Holzhey, a real estate economist and the lead author of the UBS Global Real Estate Bubble Index, dives into the 2025 housing market landscape. He discusses the stagnation of global house prices and the impact of high interest rates. Listeners learn which cities like Miami, Tokyo, and Zurich are facing the highest bubble risks and the role of regulatory measures in market corrections. Holzhey also tackles issues of affordability, highlighting inflation effects and the challenging price-to-income ratios while offering key takeaways for investors.

Matthias Holzhey and Maciej Skoczek, Zurich-based real estate experts from UBS Chief Investment Office, dive into the dynamics of overseas property investment. They discuss historical housing performance, the impact of inflation and public debt, and key metrics for assessing bubble risks. While highlighting cities like Miami and Tokyo as high-risk areas, they offer insights into practical considerations like currency management. Holzhey even shares favorite spots for second homes, advocating for diversification through mortgage financing. It's a compelling blend of aspiration and caution in global real estate!