Raiffeisen Study: Housing Market Heading for an Iceberg
The housing market is heading full steam ahead towards an iceberg, according to Fredy Hasenmalle, Chief Economist at Raiffeisen Switzerland, in his quarterly study of the real estate market. The figures are crystal clear: the number of available rental properties has fallen by over 50% in two years. The signs of a shortage can no longer be ignored. With new property construction at an all-time low, the housing crisis is set to worsen over the next two to three years.
As long as there is a shortfall of between 10,000 and 15,000 homes a year, the situation will get worse.
In conclusion, don’t delay in becoming a homeowner, as rents are likely to rise considerably (potentially by +15% by 2024). To make your dream of home ownership a reality, seize the opportunity offered by stable mortgage rates, which are already falling for 5-year mortgages!
We invite you to discover three new developments by the Capvest Group, all with full building permits, located on the left bank of the Canton of Geneva or in the Canton of Vaud.
“Le Chêne d’Ehden” in Conches – THPE project – http://rag.lechenedehden.ch
“Les Vignes d’Ehden” in Anières (GE) – THPE project – https://rag.lesvignesdehden.ch
“Les Rives d’Ehden” in La Tour-de-Peilz (VD) – Minergie project – https://rag.lesrivesdehden.ch
Retail Advisors Geneva