No house generation: the impossibility of buying property in Switzerland

Nah. I’m all for free movement. If it was upto me we’d abolish made up lines like borders and let people live wherever they want.

Ah, I read it as re-enterism and thought there was some kind of Right of Return, and Switzerland was flooded by grandchildren coming back.

Your landlord, so he can leech 60% of your salary.

That sounds at best like a zero sum game for most future pensioners ...

The Swiss Government is actually financing the pension system with it (directly and indirectly)

lol. I got like 3 viewings in less then a week ... and could have gotten either of them. I always was the only person there. Once they even thanked me for showing up for the viewing (apparently other people made an appointment and didn't show).

Easiest flat hunt I've ever had.

Literally stood in a queue there.

And as my time in Basel was quite some time ago: Asked a friend,she stood in a bloody queue for the last two flats she rented. TBF, not out on the street but through the whole stairway into the yard.

Sure, everything is expensive. But it's not hard to find a flat and there certainly aren't any queues.

Housing is definitely very very expensive in Basel too. But a bit less problematic because of border spillover into Lörrach, Saint-Louis, ...

Bull. Shit.

Aarau 😂?

Dude now you're just making shit up.

I don't know anyone who had trouble finding a flat in Aarau

Totally not an issue in Basel.

So where is it not an issue?

Basel, Bern, Geneva, Lausanne, Aarau... it's essentially the same.

What the hell. I thought my country had a housing issue..

Yes, to have a look at the flat. Not even kidding.

Queues?

Where? Zürich maybe?

That's not really not a generel issue.


And if you want to rent this is what you are greeted with...

Who needs property when you can spend 60% of your salary on rent?

The way things are going, housing is going to price us all into abject poverty. It's a gigantic bottom-to-top wealth transfer and the governments of most countries are entirely unwilling to do anything about it.

It’s seriously so bad. I have a friend who’se family earns a lot of money. Like both his parents work in academia.

And none of the banks would even let them take out a morgtage to buy a modest appartment. It’s ridiculous.

Rentierism is theft.

:::spoiler Rentierism definition

an economic system in which a large share of wealth and income is generated not by producing goods or services, but by owning assets and charging others to use them. These assets might include:

• Land (collected via rent),

• Financial capital (collected via interest or dividends),

• Intellectual property (collected via royalties or licensing),

• Infrastructure (collected via usage fees or tolls),

• Housing (collected via real estate speculation).

:::