Switzerland's recent lull in rising rents is only temporary, Raiffeisen is warning in a report
Rents rose just over one percent year-on-year in the third quarter, held back by slower immigration, cheaper construction costs and low interest rates but the bank says these are fading fast.
For would-be owners the news is no better: buyers are now accepting smaller homes as like-for-like prices have climbed 170 percent over a quarter century, against wage growth of just a third.
Early winter forecast to be milder than average
Ski stations are heading into a milder-than-usual winter that could affect lower-altitude resorts, according to new seasonal forecasts
New degree in AI
Lausanne's EPFL is launching the first bachelor's degree in artificial intelligence in French-speaking Switzerland
Danger of no decision on federal budget for next year
Switzerland may enter 2027 without a federal budget after the National Council's finance commission voted 15 to 9 to reject the CHF 94 billion package
More Geneva protests tomorrow
Geneva will see a major anti-austerity march tomorrow, drawing groups that haven't taken to the streets in years
UN still searching for new Secretary General
The United Nations is just six weeks from losing Secretary-General António Guterres, and the Security Council still cannot agree on a successor
Audit firms could lose work under new Federal Council proposal
Switzerland's big audit firms are pushing back against plans to hand much of their work to the federal financial regulator
