I saw this shocking chart on house prices in UK and US:
If you were looking to buy a place in London before 2005, then you were out of luck.
Now I wish I’d been born 10 years earlier!
Anyone know of similar charts for Switzerland or data that can be used to plot a similar chart?
Prices in CH are off the charts.
These figures in Switzerland would be very much skewed by the lending system with the potentially non-repayable 1st mortgage at 66%. So the ratio would be around 7-10+ here.
Maximised house to income ratio is the “natural” consequence of limited housing stock and lack of land for new builds
