Owning a home ‘not necessarily cheaper in the long term than renting’

Owning one's own home is not necessarily cheaper in the long term than renting, according to a Swiss study. +Get the most important news from Switzerland in your inbox With residential property, a lot of equity is tied up over a long period of time. This is then not available for consumption or other investments, such as shares, said Raiffeisen Switzerland in the study "Real Estate Switzerland - 4th Quarter" published on Thursday. However, apart from psychological factors such as a sense of security or self-fulfilment, which often play a decisive role when buying a home, this is the advantage of home ownership. In contrast to a rented apartment, a home is not only a consumer good for its occupants, but also - whether consciously or unconsciously - an investment good. + Owning a home is becoming increasingly difficult in Switzerland Ownership is not just residential use Home ownership generates a return that goes beyond that of pure residential use. This is primarily due to the fact ...