The Swiss Housing Market

Steven Bourassa, Martin Hoesli and Donato Scognamiglio
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Donato Scognamiglio: IAZI / CIFI

No 09-16, Swiss Finance Institute Research Paper Series from Swiss Finance Institute

Abstract: In contrast to many other countries, Switzerland generally has not seen soaring house prices in the 2000s and house prices have only recently started to diminish slightly. Also, Swiss authorities do not engage in trying to increase the homeownership rate much above its current relatively low level of 37.5%. In this paper, we present the main aspects of housing policy and finance in Switzerland which can help to explain these idiosyncrasies. We also analyze house prices and rents, and construct an index of residential land prices. The policies which are discussed in this paper may be useful to housing policy makers in other countries.

Keywords: Housing policy; housing finance; house prices; rents; taxation; homeownership; Switzerland (search for similar items in EconPapers)
JEL-codes: R31 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2009-05
New Economics Papers: this item is included in nep-eec and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:chf:rpseri:rp0916

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