Four times a year the rate of interest used to set the rents in Switzerland is reviewed. If the aggregate average mortgage rate goes down some renters can request lower rent. If it goes up some landlords can raise rents. This time the rate rose from 1.25% to 1.50%. Higher rents are likely to follow. […]
Why Swiss home construction is falling despite higher demand and higher rents
With Swiss rents high and rising it should follow that more would be invested in building new homes. However, that isn’t the case. The newspaper Blick asks experts why. As rents rise landlords should stand to make more from their investments. Many are also quick to assume that higher rents mean landlords are making excessive […]
Switzerland’s rent rate comes close to rising
Four times a year the rate of interest used to set the rents in Switzerland is reviewed. If the aggregate average mortgage rate goes down some renters can request lower rent. If it goes up some landlords can raise rents. This time the rate remained at 1.25%, however it was close to moving to 1.5%. […]
Bank predicts home rent rises in Switzerland
According to the bank Raiffeisen, a future rental housing crisis is likely in Switzerland as the home vacancy rate moves below 1% in 2024, reported 20 Minutes. The combined forces of higher construction costs and higher interest rates have reduced the number of homes being built, said the bank. This combined with the continued growth […]
Rising numbers struggling to pay rent in Switzerland
Nearly 44% of renters surveyed said that coming up with the money pay rent is now harder than it was before Covid-19, according to ASLOCA, a renters’ association. Following the survey the organisation is calling for more protection against the cancellation of rental contracts and moratoriums on evictions. The main reason cited for the current […]
No relief for Swiss renters
Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it remained at 1.50%. The last time it dropped was 1 June 2017 when it fell to its lowest level since 2008. The rate […]