No house generation: the impossibility of buying property in Switzerland
No house generation: the impossibility of buying property in Switzerland
www.swissinfo.ch
No house generation: the impossibility of buying property in Switzerland
23 comments
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Who needs property when you can spend 60% of your salary on rent?
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Your landlord, so he can leech 60% of your salary.
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The way things are going, housing is going to price us all into abject poverty. It's a gigantic bottom-to-top wealth transfer and the governments of most countries are entirely unwilling to do anything about it.
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The Swiss Government is actually financing the pension system with it (directly and indirectly)
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That sounds at best like a zero sum game for most future pensioners ...
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It’s seriously so bad. I have a friend who’se family earns a lot of money. Like both his parents work in academia.
And none of the banks would even let them take out a morgtage to buy a modest appartment. It’s ridiculous.
Rentierism is theft.
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Ah, I read it as re-enterism and thought there was some kind of Right of Return, and Switzerland was flooded by grandchildren coming back.
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Nah. I’m all for free movement. If it was upto me we’d abolish made up lines like borders and let people live wherever they want.
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23 comments
And if you want to rent this is what you are greeted with...
Queues?
Yes, to have a look at the flat. Not even kidding.
Where? Zürich maybe?
That's not really not a generel issue.
So where is it not an issue? Basel, Bern, Geneva, Lausanne, Aarau... it's essentially the same.