the latest edition.
https://www.swisscommunity.org/en/ne…ew-august-4/22
my opinion: pretty much a cartel of landlords
Eigenmietwert used as schadenfreude to appease renters.
My opinion:
Borrowing huge amounts of cash to invest in a high risk asset class with a low return while failing to diversify is not a particularly smart idea.
And after spending over 30 years in Swiss financial services I know that most Swiss craft and professionals enjoy asset values well north of 600k which is far more than most reaching retirement.
There are many ways to accumulate wealth and home ownership is not a particularly great one,
But that is just an opinion....
Talking with colleague in Singapore, whose rent has gone up about a third simply because an influx of Hong Kong residents has pushed up prices.
In contrast I'm paying same rent as I have done since moving in and can't complain at all.
You consider real estate in Switzerland to be a high risk asset class?
So what magic makes a Swiss property any different to anywhere else? Does a single Swiss house represent better risk diversity than one in Paris or London? Etc....
Do not however confuse the act of investing in a property with that of running a rental business.
If it's for rent, yes.
Last landlord told me it takes ~1 year of administrative procedures to evict a non-paying tenant.
So, bye bye to 1 year of rent + other costs if you pick a bad apple.