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Rents expected to rise again in Switzerland

After a period of slowing growth, rents will rise again at a faster pace in Switzerland, Raiffeisen bank predicts in a study published on Thursday. +Get the most important news from Switzerland in your inbox As the dampening effects on rents from the fall in the key interest rate are about to wear off and the increase in energy prices due to the war in Iran drive up construction prices, the stabilisation of prices in the rental housing market is expected to come to an end soon, argue the bank's experts. "The very low vacancy rate and the increasing number of search subscriptions continue to indicate a strong excess demand in the market," Fredy Hasenmaile, the institute's chief economist, is quoted as saying in a statement. "Historically, such a low level of vacancies went hand in hand with significantly higher rent increases than currently experienced." Despite the many signs of housing shortages, residential construction in Switzerland remains at historically low levels, the study ... Full story here Are you the author?
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