The OECD is shaking up Swiss rental law
The housing shortage in Switzerland is becoming more severe. The OECD criticizes not only the sluggish housing construction but also the regulation of existing rents – and recommends a reform that is likely to provide political fuel.
The OECD has criticized Switzerland's housing market, citing a shortage of housing and issues with rent regulations. The organization recommends reforming the rent system, allowing existing rents to be adjusted more freely, similar to new rents, and referencing local average rents. The OECD suggests that this could help alleviate the "lock-in effect" where long-term tenants stay in below-market rent apartments, making it harder for others to access housing.
The Swiss government has been slow to act on previous OECD recommendations, with no action taken on a 2015 recommendation to adjust existing rents to market prices.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
