Financial holding UBS analyzed housing markets across 23 major global cities. According to experts, Zurich and Tokyo face the highest risk of a bubble, followed closely by Miami, Dubai, Seoul, Geneva, and Lisbon.

London was found to have the lowest risk among the analyzed cities, with real prices currently over 15% lower than their 2021 levels.

In most analyzed cities, the cost to purchase and maintain a 60 sq. m apartment exceeds 40% of a highly skilled worker's income.