ökonomische Grundlagen für ein vernünftiges Mieterschutzgesetz

Thomas von Ungern-Sternberg

Cahiers de Recherches Economiques du Département d'économie from Université de Lausanne, Faculté des HEC, Département d’économie

Abstract: The Swiss law for the protection of tenants does not distinguish between nominal and real interest rates. As a result, rents are massively overindexed in periodes of high inflation. In the period 1990-1996, the structural faults in the swiss law have cost the tenants roughly 9 bio. Fr. The simplest way to eliminate the problems of the current law is to abolish the link between rents and mortgage rate, and permit a full indexation. For macro-economic reasons it would be preferable to smooth this indexation over time.

Keywords: protection of tenants; nominal interest rates; real interest rates; hold-up problem (search for similar items in EconPapers)
JEL-codes: R48 R52 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1997-11
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Persistent link: https://EconPapers.repec.org/RePEc:lau:crdeep:9713

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