As interest rates fall – and more cuts are deemed likely – it will soon be cheaper to own a home than rent one.
That’s the conclusion of a study from UBS.
The bank has calculated that renting a standard four and a half room house will currently cost an owner more – by about CHF 2,000 a quarter.
But that’s likely to change by the end of the year.
The study shows that it already maybe the case in some cantons, including Vaud and Valais.
Ongoing drought now affecting dairy farmers
Drought is squeezing Swiss cheese producers, with some Fribourg farmers now importing fodder from France just to keep their cows producing gruyère
No go for Geneva tram extension
Geneva's government will not appeal a court ruling that halted the tram 15 extension across the border to Saint-Julien-en-Genevois
Different approach to the subject of climate change
A new University of Geneva study suggests the best way to get people to act on climate change is not to lecture them, but to move them
Crans Montana publishes fire reports
The commune of Crans-Montana has finally published the fire-inspection reports and internal audit tied to the Constellation nightclub tragedy, after months of refusing
Criticism of new medical tariff
Switzerland's family doctors have gone public with their anger at the new medical tariff Tardoc, saying it has failed to deliver the promised boost to general practice
Annecy street food outlet closed
French authorities have shut an Annecy street food outlet for 90 days after finding it employing five foreign workers without permits
