SF's Housing Market May Be One of the Bubbliest in the World
October 30, 2015
San Francisco might be the most expensive city in the country, but it's also the biggest risk for a housing bubble, according to a new study by UBS Wealth Management. According to the bank, the study is meant to "track the risk of housing bubbles in global financial centers," and San Francisco is the fifth highest spot in the world for bubble risk. London leads the way, followed by Hong Kong, Sydney, and Vancouver. Cities in the bubble zone face the risk of a large price correction if there's a "change in macroeconomic momentum, a shift in investor sentiment, or a major supply increase."
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