As interest rates fall – and more cuts are deemed likely – it will soon be cheaper to own a home than rent one.
That’s the conclusion of a study from UBS.
The bank has calculated that renting a standard four and a half room house will currently cost an owner more – by about CHF 2,000 a quarter.
But that’s likely to change by the end of the year.
The study shows that it already maybe the case in some cantons, including Vaud and Valais.
Children injured and driver dead after sports hall crash
Four were injured and one died after a car hit a sports centre in Thônex in Geneva on Saturday morning.
Storm Boris skirts Switzerland
Switzerland has escaped the worst effects of storm Boris which has wreaked havoc in Central and Eastern Europe.
Firefighter accused of arson trial starts
The trial of a firefighter accused of setting 12 fires in canton Solothurn starts today.
Carouge residents poisoned by water
The water supply in two apartment buildings in Carouge was poisoned during a routine boiler clean on Friday afternoon.
Switzerland has a new computer
Switzerland has a new computer.
Heavy rain, snow and hail strikes
Heavy snow, rain and hail is causing havoc in central parts of the country.
