At 1 June 2017, 3,650 empty homes, of which 2,655 were for rent and 995 for sale, were on the market in Vaud. © Sam74100 | Dreamstime This brought the vacancy rate to 0.9%, a rise of 0.1% compared to the year before. This rise follows an increase of 0.1% in 2016 from a rate of 0.7% in 2015. The market is considered balanced when the vacancy rate reaches 1.5%. The last time it was above this mark in Vaud was in 1999. Vacancy rates varied significantly across the canton. The five regions with...
Read More »How much pocket money Swiss kids get varies hugely by linguistic region
A study requested by Credit Suisse and Pro Juventute shows how much pocket money habits vary across Switzerland. © Kirsty Begg | Dreamstime Of the 14,000 adults surveyed a clear majority said it was their job to teach their children how to deal with money. Parents in the lowest earning category (less than CHF 50,000 p.a.) placed greater emphasis on teaching their children than those it the highest income bracket of over CHF 200,000 p.a. The most important lessons Swiss parents focus on...
Read More »Men in Switzerland doing more around the house
The average number of hours spent on domestic tasks by men in Switzerland rose by 10% between 2010 and 2016 according to a report by Switzerland’s federal statistical office. © Masta4650 | Dreamstime The 17.9 hours dedicated to domestic work by an average man every week was 36% less than that of an average woman. Men however were not sitting around twiddling their thumbs. The 27.3 hours spent by men on paid work was 64% higher than the 16.6 hours women invested in paid work. After adding in...
Read More »Cannabis cigarettes soon available at Coop
20 Minutes. Low-THC cannabis cigarettes will soon be available in the Swiss supermarket chain Coop. Heimat cigarettes_source Facebook Products with less than 1% tétrahydrocannabinol (THC) are not illegal in Switzerland, however their rapid rise in popularity has created controversy. Selling such products in supermarkets is a significant step in the product’s evolution. Swiss cigarette manufacturer Heimat has come up with a new product which combines tobacco with low-THC cannabis. This new...
Read More »Swiss franc more overvalued than 6 months ago according to Economist burger index
The Economist magazine’s 6-monthly Big Mac index shows the Swiss franc to be even more overvalued than it was in January 2017. © Pamela Mcadams The index, which compares the US$ price of a Big Mac around the world places Switzerland at the top with a price of US$ 6.74. This is 27.2% more expensive than the United States where the same burger costs US$ 5.30. In January 2017, the same burger in Switzerland cost US$ 6.35 and US$ 5.06 in the US making the Swiss one 25.5% more pricey. The cheapest...
Read More »Swiss franc more overvalued than 6 months ago according to Economist burger index
The Economist magazine’s 6-monthly Big Mac index shows the Swiss franc to be even more overvalued than it was in January 2017. © Pamela Mcadams The index, which compares the US$ price of a Big Mac around the world places Switzerland at the top with a price of US$ 6.74. This is 27.2% more expensive than the United States where the same burger costs US$ 5.30. In January 2017, the same burger in Switzerland cost US$ 6.35 and US$ 5.06 in the US making the Swiss one 25.5% more pricey. The cheapest...
Read More »Swiss cheese fraudster gets 3 year prison sentence
20 Minutes. A court in the canton of St. Gallen sentenced a cheese vendor to three years in prison, half of it behind bars. © Marco Guidi The man was judged guilty of fraudulently using Switzerland’s world-famous Emmental cheese brand and other crimes. In addition to prison, the cheese seller was ordered to pay CHF 1 million in relation to illegal cheese sales – 3,500 tonnes of cheese pretending to be Emmental was sold – and other forms of fraud including breach of trust, unlawful business...
Read More »Over two thirds of Swiss would like to change jobs
A survey shows that 71% of those working in German-speaking Switzerland would change jobs if they could. Dream jobs vary significantly by gender. © Digitalstormcinema | Dreamstime.com The survey, conducted by Marketagent.com on behalf of XING Switzerland, questioned around 1,000 employees in German-speaking Switzerland between the ages of 18 and 65. If age and and education could be ignored, 71% of the group said they would switch jobs. Dream jobs for men, in order of popularity, include:...
Read More »Swiss franc outstrips other currencies over last 117 years
Recent analysis by Credit Suisse, London Business School and Cambridge Judge Business School shows the Swiss franc’s enduring strength. © Sergey Kuzmin – Dreamstime.com The reports says that for a small country with just 0.1% of the world’s population and less than 0.01% of its land mass, Switzerland punches well above its weight financially. The country has had the world’s lowest 117-year average annual inflation rate of just 2.2%. This low inflation is one of the phenomena that has given...
Read More »Switzerland’s most beautiful villages
By Bill Harby Congratulations Moudon. This enchanting hamlet is the newest official member of a coterie of beautiful historic Swiss villages. Moudon, Vaud. Source: Roland Zumbühl of Picswiss Generally, the Swiss don’t like to brag. Even when it comes to cheeses, chocolate and direct democracy, they’re more likely to just offer you a taste and let you decide for yourself. But when it comes to the many historic villages that dot the countryside, the taciturn Swiss can get quite gabby. They even...
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