2024-02-13 18:32:34
Published on February 13, 2024 at 7:32 p.m. / Modified on February 13, 2024 at 9:24 p.m.
The observation has been known for months, but nothing has come to reverse the trend: demand for housing is increasing, while construction is stagnating at the lowest level in twenty years. Difficulties finding real estate and the rapid rise in new rents are unlikely to disappear anytime soon. “The outlook is bleak for tenants,” summarizes Raiffeisen in its latest study.
The situation is not yet dramatic on a national scale, because the vacancy rate last year remained, at 1.15%, slightly higher than the multi-year average. But the situation is very tense in large cities like Zurich or Geneva, and in tourist towns.
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