RTS - What impact has the SNB rate cut had on the property market?
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RTS
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Boris Rechberger Head of Financing Solutions
RTS evening news, 21 March 2024
Following the SNB's announcement of the rate cut, find out more about the interview (in french) with Boris Rechberger, Head of Financing Solutions, on RTS.
The SNB's announcement that it would cut interest rates has prompted a number of reactions, particularly in the property sector. Boris Rechberger, Head of Financing Solutions, told RTS that the rate cut could have a significant impact on the property market.
"People are more confident because we've already been talking about a possible rate cut since the start of the year, with low inflation. This rate cut was confirmed today, so that can only encourage people to buy."
Clearly, this decision by the SNB will certainly stimulate activity in the property market and open up new opportunities for those considering buying or selling a property.
Authors
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RTS
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Boris Rechberger was employed at Migros Bank for twenty-five years, including five years as Head of the Private Clients Department. He then continued his career for a further fourteen years at BCGE as Head of "Real estate management and investors". In 2022, Boris joined Piguet Galland and founded the Financing Solutions service within the Wealth Solutions department.