Swiss rental market set to become even more expensive

Rents in Switzerland have risen sharply in the past 18 months. Rental properties are becoming scarce. There are no satisfactory solutions in sight. Anyone who can currently find a free rental flat in Switzerland can count themselves lucky. According to a property study by Raiffeisen Switzerland, the rental housing market is tighter than it has been for a long time. According to Raiffeisen chief economist Fredy Hasenmaile, this problem will become even more acute as very few new construction properties are currently planned. "We will see a further shortage of living space in the next two or three years," he says. Inflexible existing rents Rental properties are also being affected by the shortage. According to the study, rental prices rose by 4.7% last year. This figure is significantly higher than inflation and existing rental costs. + Read more about the situation on the Swiss rental market The gap between asking and existing rents is therefore widening, while at the same time the ...