Study on price explosion: holiday homes are becoming objects of speculation

Study on the price explosion of Swiss real estate

Holiday cottages become a pawn for speculators

According to a new study that evaluated home sales in Switzerland, the price increases for home ownership are massive. The vacation rental market is now affected by speculation.

In the past year 2021, the prices for residential property have risen significantly. Especially for single family homes. But buyers also had to dig deeper into their pockets for apartments. This is shown by an evaluation of the real estate platform Homegate in cooperation with the Swiss Real Estate Institute.

Residential property in 2021 showed the highest price dynamics in ten years with an average increase of 9 percent for single-family houses and 8.3 percent for condominiums. The four regions of Bern, Lake Geneva, Northwestern Switzerland and Zurich were examined.

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