Switzerland has around 4.4 million homes. In 2000, 52,608 (1.49%) of them were vacant. By 2003, this number had dropped to 33,039, a vacancy rate of 0.91%. After fluctuating between this level and 1.07%, the rate started to climb in 2014 to its current rate of 1.30%, its highest level in 15 years. Before home hunters […]
Housing vacancy rates jump in some regions of Switzerland
Recent statistics from the Federal Office of Statistics (OFS) show a marked rise in housing vacancies. From 2010 until 2014, vacancy rates across Switzerland were below 1%. By 1 June 2014 the rate had crept up to 1.08 and by 1 June 2015 it was 1.19%, with 15 cantons registering rates over 1%. On 1 […]
“Cheaper to rent in Geneva than own in France”
A family from Geneva, who moved to France only to return to Geneva five years later, was interviewed by the Geneva newspaper GHI about their hellish experience. Unable to buy in Geneva and attracted by cheaper property in France they moved to Annecy in 2010. Shortly after their dream started to turn into a nightmare. […]
Swiss property prices on the way down
Credit Suisse’s recent annual property report describes the downward forces on Swiss property prices and explains why a soft landing is not guaranteed. The report also looks at the cities and regions most at risk. Swiss franc shock Swiss real estate was already poised to head into the downward part of the property cycle before […]
