Elevated Bubble Risk in LA, Dubai, & Amsterdam

Dubai’s real estate market shows a risk of hitting a bubble, according to UBS’s latest Global Bubble Real Estate Index. In the report, Dubai said the most powerful risk increase with Madrid last year. Economist Matthias Holzhey is the chief author of the work in the chief investment office of UBS Global Wealth Management. In the report, Bloomberg’s Horizons Middle East and African anchor spoke to Joanna Bercche.