“Access to home ownership is blocked,” he said in an interviewExternal link with the NZZ am Sonntag. He is therefore calling for tax incentives to be introduced.
“Switzerland does not encourage home ownership, even though it is a constitutional mandate,” Neff said, adding that in recent years homeowners have even been penalised fiscally because of the rental value.
He advocated the adoption of a qualified right of objection to building projects. “Anyone submitting an appeal must be able to prove a material interest and not just an ideological one,” he said.
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Voters reject ‘affordable housing’ initiative
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Swiss voters have rejected a people’s initiative to promote more affordable housing.
To those hoping for the property bubble to burst so that they can buy a home, the economist warned that they were betting on the wrong horse. “A crash would mean prices collapsing by double figures in a short space of time. I see absolutely no danger of that.”
Demand currently far outstrips supply, he said. “Prices cannot fall. Anyone who finds something they like and can afford should go for it.”
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Home ownership remains a mirage for most Swiss
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Many Swiss dream of owning a single-family home in the countryside. For most, this dream is increasingly unrealistic.
Beer sales in Switzerland watered down by bad weather
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The past brewing year fell through in Switzerland, partly due to the bad weather. Beer sales shrank again. For the first time, per capita consumption fell below the 50 liter mark.
Compensation for Syrian after pregnant wife denied help on Swiss train
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Switzerland’s Federal Court has partially upheld the appeal of a Syrian family being deported from Switzerland to Italy in 2014. The man now also receives compensation.
Swiss-EU negotiations: Cassis to meet Sefcovic in Bern
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Swiss Foreign Minister Ignazio Cassis will meet the Vice-President of the EU Commission, Maros Sefcovic, in Bern on Wednesday.
Heavy snowfall in Switzerland causes traffic chaos and accidents
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The heavy snowfall late on Thursday and during the night into Friday led to traffic chaos and many accidents in many regions of Switzerland.
Chimpanzee behaviours passed down through generations
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Some of the complex behaviours of chimpanzees have been passed down and refined over generations. These include the combination of several tools for foraging.
More than 600,000 rounds of Swiss sniper ammunition reach Ukraine
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Sniper ammunition from Swiss P Defence reached Ukraine via a Polish company in July 2023, reported SRF Investigativ on Thursday, citing official information.
Switzerland launches national digital inclusion alliance
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The Swiss government launched the Swiss Digital Inclusion Alliance on Thursday with the goal of giving as many people as possible access to digital services.
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Swiss property market faces bleak future despite record values
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The Covid-19 pandemic has failed to rattle the Swiss property market. But the war in Ukraine and rising interest rates could turn the tide.
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