Tag Archives: Property

In Romania, 96.1% of the population owns the home they live in. In Switzerland the percentage is 37.4%. © Dirima | Dreamstime.com Home ownership rates vary significantly across the country. The lowest rates are found in the canton of Basel-City (16.0%) and Geneva (18.3%). Relative to these two cities, home ownership abounds in Valais (57.2%), the highest. Vaud (31.4%), Zurich (28.5%), Bern (39.9%), and Luzern (34.8%) are all in between. In addition, there is a correlation between age and...

Investec Switzerland. Natalie Obiko Pearson and Katia Dmitrieva, writing for Bloomberg, look at the UBS 2016 Global Real Estate Bubble Index report. While Switzerland’s two main cities, Zurich and Geneva, are not described as having “Bubble risk” they are in the next category: “Overvalued”. Vancouver, London and Stockholm rank as the cities most at risk of a housing bubble after a surge in prices in the past five years, according to a UBS Group AG analysis of 18 financial...

Switzerland has around 4.4 million homes. In 2000, 52,608 (1.49%) of them were vacant. By 2003, this number had dropped to 33,039, a vacancy rate of 0.91%. After fluctuating between this level and 1.07%, the rate started to climb in 2014 to its current rate of 1.30%, its highest level in 15 years. Before home hunters get too excited, it is important to look at regional differences. In some regions the market for accommodation remains tight. In some places it has become even tighter. City of...

According to reinsurer, Swiss Re, over three quarters of private buildings in Switzerland have no earthquake coverage. Because earthquakes are rare and are quickly forgotten, public risk perception is low. Even Switzerland, with its well developed insurance culture is no exception. Earthquake in Abruzzo Italy – © Walter Graneri | Dreamstime.com Swiss Re describes Switzerland as a country with a medium seismic hazard. The strongest and most destructive earthquake recorded in Switzerland...

24 Heures. After the tragic earthquake in Italy, some are wondering if something similar could happen in Switzerland. Speaking to the newspaper 24 Heures, geologist Raphaël Mayoraz, says “People tend to forget, but our country has already experienced earthquakes of 6 or more.” © Cristian Andriana | Dreamstime.com The Swiss Seismological Service (SED) at ETH Zurich completed ten years of earthquake research in 2015. Their new model shows that earthquakes are a serious hazard for Switzerland...

Investec Switzerland. Source: UBS Risks to the Swiss property market remained elevated in the second quarter of 2016, with rock-bottom interest rates propping up demand for residential assets to be rented out for investment purposes. Still, UBS Group AG’s index experienced a “slight” decrease in the period, according to economists Matthias Holzhey and Claudio Saputelli. That’s because of a slowdown in the pace of mortgage growth and a 0.6 percent decline in home prices on an...