The world’s most bubbly housing markets

Swiss bank UBS has compiled an index of the most bubbly housing markets in the world. No prizes for guessing who comes top.

ubs-house-price-bubble

House prices are bubbling over in several of the world's top cities, says UBS, which has created a Global Real Estate Bubble Indexto measure the potential for housing bubbles. Here are the five most at risk, with their index score. A score over 1.5 is a "bubble risk", while a score between 0.5 and 1.5 is "overvalued".

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.


Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.


Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.


Marina is trilingual and lives in London.