The federal government has issued a report on how effective the law which restricts second home ownership has been and is it hitting the economy?
The answer is no, and it’s proving to be very efficient.
When the new law was put to the people in 2012, those against says it will cost thousands of jobs and ski lift companies would go bankrupt.
The law is known as Lex Weber and broadly it restricts the number of second homes in each commune to 20%.
It was passed in a vote in 2012. Those in canton Valais were the most worried that it would hit their area particularly hard. But it seems to have had a negligible effect and pressure on housebuilding has eased.
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