2024-02-10 12:32:57
Published on February 10, 2024 at 1:32 p.m. / Modified on February 10, 2024 at 1:42 p.m.
Switzerland is filled on one side with houses too big for the aging couples who live there, and on the other with ever-increasing families living in overcrowded accommodation. The reason for this imbalance? Current tenancy law which widens the differences between existing rent and new rent. So much so that for many households, following a certain length of occupancy, reducing the size of their accommodation is no longer worth it.
This observation is drawn from a Raiffeisen study of the first quarter of 2024 analyzing the side effects of tenancy law. This research shows that reallocation would help households living in homes that are too small and would free up no fewer than 170,000 4-room homes. There would therefore be space for almost half a million people without having to build a single additional building: the shortage would be resolved.
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