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Tag Archives: Rent Geneva

Swiss rents 40% too high, according to bank’s calculation

24 Heures. According to the bank Raiffeisen, if rents had followed the path prescribed in the Swiss Code of Obligations, they would be much lower. © Elxeneize | Dreamstime.com Their figures show that changes in interest rates have not flowed through to renters. If rents had fallen in step with mortgage interest rates they would be 40% lower than they are currently. The bank’s report stated that while rents have been going up landlords’ costs have gone down significantly. A representative from...

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