Tag Archives: Editor’s Choice

© Tomasz Markowski | Dreamstime - Click to enlarge When 10-year mortgage interest rates fall to 1%, home ownership becomes a very attractive alternative to renting. A recent report on home ownership shows why home ownership remains out of reach of the average Swiss household despite very low interest rates. The report, by Credit Suisse, says that despite the strong desire for people to own their own home, fewer and...

© Tomasz Markowski | Dreamstime - Click to enlarge When 10-year mortgage interest rates fall to 1%, home ownership becomes a very attractive alternative to renting. A recent report on home ownership shows why home ownership remains out of reach of the average Swiss household despite very low interest rates. The report, by Credit Suisse, says that despite the strong desire for people to own their own home, fewer and...

When 10-year mortgage interest rates fall to 1%, home ownership becomes a very attractive alternative to renting. A recent report on home ownership shows why home ownership remains out of reach of the average Swiss household despite very low interest rates. © Tomasz Markowski | Dreamstime The report, by Credit Suisse, says that despite the strong desire for people to own their own home, fewer and fewer households are able to afford them as the years go by. The reason is twofold. Prices are...

A recent report shows a 2% drop in average Swiss beer consumption in 2016. Over the last 20 years it has dropped 4% to 54.9 litres per person. Swiss craft beer © CÔTEWEST BREWING Sàrl On its own this would be no cause for alarm, however in 2016, the number of breweries in Switzerland rose by 21% to 753. Since 2011, the number is up 118% from 345. The website bov.ch lists 794 breweries in Switzerland so it is possible that the number has grown further since government statistics were...

Lavaux – © Annanahabed | Dreamstime According to data from comparis.ch, Switzerland’s most expensive apartments are found in Zurich, Maloja – home to Saint-Moritz, and Lavaux-Oron. One square metre will cost you CHF 12,250 (US$ 13,000) in Zurich, CHF 11,500 in Maloja and CHF 11,250 in Lavaux-Oron. Lavaux-Oron contains posh parts of Greater Lausanne, such as Lutry, and the UNESCO-listed wine terraces of Lavaux on the...

Two Swiss NGOs have started a petition calling for Swiss retailers to reduce or remove palm oil from their products. Palm oil mill_© Tan Kian Yong – Dreamstime Present in many processed foods, cosmetics and detergents, the ingredient has a bad reputation. The NGOs Bread for All and the Swiss Catholic Lenten Fund want to see a reduction in palm oil consumption. They believe voluntary initiatives by the palm oil sector to clean up the industry have done nothing to address the real problems...

© Tea | Dreamstime A recent Credit Suisse report, entitled: Tenants Wanted, says capital continues to flow into Swiss real estate, boosting the supply of rental properties. Against a backdrop of negative interest rates at Switzerland’s central bank, investors continue to plough money into constructing new residential properties. At the same time, declining immigration has hit the demand for rental apartments. Estimated...

According to data from comparis.ch, Switzerland’s most expensive apartments are found in Zurich, Maloja – home to Saint-Moritz, and Lavaux-Oron. Lavaux – © Annanahabed | Dreamstime One square metre will cost you CHF 12,250 (US$ 13,000) in Zurich, CHF 11,500 in Maloja and CHF 11,250 in Lavaux-Oron. Lavaux-Oron contains posh parts of Greater Lausanne, such as Lutry, and the UNESCO-listed wine terraces of Lavaux on the shore of Lake Geneva. Lausanne, where one square metre costs over CHF 9,500,...

Swiss employee associations are not opposed to a 60 hour week. Several parliamentary initiatives aim to loosen Swiss labour rules. The first aims to allow staff and employers more flexibility regarding hours worked and time off. The second aims to loosen rules on recording hours of work by managers and specialists. Another initiative aims to extend this to include employees with shareholdings in start-ups. © Racorn | Dreamstime Employee associations think flexible hours across the course of a...

A recent Credit Suisse report, entitled: Tenants Wanted, says capital continues to flow into Swiss real estate, boosting the supply of rental properties. Against a backdrop of negative interest rates at Switzerland’s central bank, investors continue to plough money into constructing new residential properties. © Tea | Dreamstime At the same time, declining immigration has hit the demand for rental apartments. Estimated net migration of 61,000 in 2016 is the lowest since the introduction of...