64% of those surveyed in a recently published study, say they are bothered by their neighbours. Some are driven to take legal action while others pack up and leave. © Fizkes | Dreamstime Noise was the most widespread complaint. 28% complained of this. Loud conversations, noisy children, banging, loud music and parties were the most frequent noise problems. Other sources of conflict included hostility (16%), inconsiderate smoking – on balconies and in communal areas (14%), and communal laundry...
Read More »Nearly two thirds of Swiss annoyed by their neighbours
64% of those surveyed in a recently published study, say they are bothered by their neighbours. Some are driven to take legal action while others pack up and leave. © Fizkes | Dreamstime Noise was the most widespread complaint. 28% complained of this. Loud conversations, noisy children, banging, loud music and parties were the most frequent noise problems. Other sources of conflict included hostility (16%), inconsiderate smoking – on balconies and in communal areas (14%), and communal laundry...
Read More »Housing in Zurich and Geneva only moderately overvalued, says UBS
© Nik Frey | Dreamstime The UBS Global Real Estate Bubble Index 2017 describes housing in Zurich and Geneva as only moderately overvalued. The two Swiss cities rank 6th (Geneva) and 9th (Zurich) in a list of 20 selected global cities. The top eight: Toronto, Stockholm, Munich, Vancouver, Sydney, London, Hong Kong and Amsterdam are all classified as bubble risk. Only Chicago is undervalued. Since 2012 apartment price are...
Read More »Housing in Zurich and Geneva only moderately overvalued, says UBS
The UBS Global Real Estate Bubble Index 2017 describes housing in Zurich and Geneva as only moderately overvalued. The two Swiss cities rank 6th (Geneva) and 9th (Zurich) in a list of 20 selected global cities. © Nik Frey | Dreamstime The top eight: Toronto, Stockholm, Munich, Vancouver, Sydney, London, Hong Kong and Amsterdam are all classified as bubble risk. Only Chicago is undervalued. Since 2012 apartment price are down 10% in Geneva, but up 10% in Zurich. Matthias Holzhey, a Swiss real...
Read More »Housing in Zurich and Geneva only moderately overvalued, says UBS
The UBS Global Real Estate Bubble Index 2017 describes housing in Zurich and Geneva as only moderately overvalued. The two Swiss cities rank 6th (Geneva) and 9th (Zurich) in a list of 20 selected global cities. © Nik Frey | Dreamstime The top eight: Toronto, Stockholm, Munich, Vancouver, Sydney, London, Hong Kong and Amsterdam are all classified as bubble risk. Only Chicago is undervalued. Since 2012 apartment price are down 10% in Geneva, but up 10% in Zurich. Matthias Holzhey, a Swiss real...
Read More »Geneva and Lausanne remain Switzerland’s toughest home markets
© Nwanda76 | Dreamstime - Click to enlarge Home vacancy rates in Switzerland’s main cities have all risen over the last few years, bringing some hope to those looking for a place to live. The latest 2017 data confirm this trend. While these percentage shifts might appear big, very low vacancy rates underly them. On 1 June 2012, none of these cities had a vacancy rate above 1%. Zurich (0.29%), Bern (0.48%), Basel...
Read More »Geneva and Lausanne remain Switzerland’s toughest home markets
Home vacancy rates in Switzerland’s main cities have all risen over the last few years, bringing some hope to those looking for a place to live. The latest 2017 data confirm this trend. © Nwanda76 | Dreamstime Over the last five years vacancy rates have risen by between 18% and 49% in the main cities of Zurich (+32%), Bern (+37%), Basel (18%), Lausanne (+49%) and Geneva (+38%). While these percentage shifts might appear big, very low vacancy rates underly them. On 1 June 2012, none of these...
Read More »Geneva and Lausanne remain Switzerland’s toughest home markets
Home vacancy rates in Switzerland’s main cities have all risen over the last few years, bringing some hope to those looking for a place to live. The latest 2017 data confirm this trend. © Nwanda76 | Dreamstime Over the last five years vacancy rates have risen by between 18% and 49% in the main cities of Zurich (+32%), Bern (+37%), Basel (18%), Lausanne (+49%) and Geneva (+38%). While these percentage shifts might appear big, very low vacancy rates underly them. On 1 June 2012, none of these...
Read More »Switzerland’s home ownership illusion
© 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...
Read More »Switzerland’s home ownership illusion
© 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...
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