Sunday , November 24 2024
Home / SNB & CHF / One in four Swiss tenants wants to move, but can’t

One in four Swiss tenants wants to move, but can’t

Summary:
More than a quarter of tenants in Switzerland are unhappy with their accommodation, but are unable to move – especially for financial reasons. A survey published by online price comparison portal comparis.chexternal link on Thursday has found that 26% of Swiss tenants consider their housing situation to be unsatisfactory. Of the 4,000 tenants surveyed, 67% said that they could not afford to move to a better place. Other reasons given for being unable to change addresses were: family (14%), job (13%), pets (10%) and education (8%). + In Swiss cities, 90% of people are tenants The survey found that 37% of tenants living in French-speaking Switzerland were keen to move but could not. In German- and Italian-speaking

Topics:
Swissinfo considers the following as important: , , ,

This could be interesting, too:

Eamonn Sheridan writes CHF traders note – Two Swiss National Bank speakers due Thursday, November 21

Charles Hugh Smith writes How Do We Fix the Collapse of Quality?

Marc Chandler writes Sterling and Gilts Pressed Lower by Firmer CPI

Michael Lebowitz writes Trump Tariffs Are Inflationary Claim The Experts

More than a quarter of tenants in Switzerland are unhappy with their accommodation, but are unable to move – especially for financial reasons.

A survey published by online price comparison portal comparis.chexternal link on Thursday has found that 26% of Swiss tenants consider their housing situation to be unsatisfactory. Of the 4,000 tenants surveyed, 67% said that they could not afford to move to a better place. Other reasons given for being unable to change addresses were: family (14%), job (13%), pets (10%) and education (8%).

+ In Swiss cities, 90% of people are tenants

The survey found that 37% of tenants living in French-speaking Switzerland were keen to move but could not. In German- and Italian-speaking Switzerland, it was 23%. Money was the main reason cited by French speakers (80%); this was less so for German- (60%) and Italian-speakers (63%).

Regardless of the potential hurdles, the Swiss are quite mobile. Over the past five years, 55% of tenants have moved house at least once. Within the past year alone, 22% have moved, and 26% are planning to do so within the next 12 months.

Conducted in April 2018, the online survey polled 4,175 tenants aged 18-74.

According to the most recent figures, about 60% of Swiss households are rentals. The average monthly rent across the country is just over CHF1,300 ($1,395).

One in four Swiss tenants wants to move, but can’t

Dream home: a loft in Zurich for over CHF4,000 a month (Keystone) - Click to enlarge

Land of lessees
Swiss continue to rent rather than buy houses

Some 59% of Swiss households were rentals in 2015, according to the most recent figures. The average monthly rent came in at just over CHF1,300.

One in four Swiss tenants wants to move, but can’t

- Click to enlarge


Tags: ,,
About Swissinfo
Swissinfo
SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.

Leave a Reply

Your email address will not be published. Required fields are marked *