The housing shortage is driving people out of the big cities. But how much longer?
Zurich households are moving to the surrounding countryside and supporting demand for property there. However, this trend could also reverse itself. Property owners should keep this in mind.
Households in Zurich are moving to the surrounding countryside, driving up demand for housing there. According to a UBS analysis, this trend has led to a chain reaction of people moving from the city to nearby areas, such as the Glatttal and Zimmerberg, and then further out to regions like Baden and Mutschellen in Aargau, and Thurtal in Thurgau.
The UBS expects rents to continue rising, but notes that if population growth slows and housing construction picks up, the current migration trends could reverse, potentially affecting rental income and property values in rural areas. The Swiss population is expected to grow by 15% by 2055, but the demand for housing is expected to grow even more due to an aging population and changing household structures.
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.
