"Strong immigration and too little being built at the same time"
Property prices in the canton of Zurich are continuing to rise sharply, especially in central locations, according to the NZZ article from 17.01.2024.
Zürcher Kantonalbank has revised its growth forecast for the coming year significantly upwards. Despite this development, the bank sees no danger of a real estate bubble. However, for many middle-class families, the dream of owning their own home remains out of reach as prices are beyond their budget.
A further shortage is also expected on the rental housing market. However, according to the ZKB, tenants are no longer at a price disadvantage compared to renting.
Note: This blog post is for information purposes only.