Business editor Martin Schmidt comments: A laughing stock for anyone who urgently needs a roof over their head

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Unfortunately, it’s not uncommon: long queues…
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Martin SchmidtEconomics Editor

I would have hoped for more. More. From this round table gathered Bundestag Member Guy Parlemin (64, SVP). Did I have too high expectations? I can be forgiven. After a month of searching for an apartment, I became increasingly frustrated. Did the round table produce useful ideas? NO. In my opinion, the measures offered are just hot air.

They will not change the long queues of people looking for accommodation in the medium term. Especially not in the short term. Bundestag Member Parmelin’s ideas such as densification, faster approval procedures or the construction of apartments in work areas are laudable. But the effect takes a long time to come.

Half of the measures presented on Tuesday are currently under review. Given the acute housing shortage, this is a travesty for anyone who urgently needs an affordable roof over their head. There will be nothing on the biggest construction site anyway: high rents.

Vague ideas instead of solutions

Rental prices at which apartments are currently offered in the housing market. They are terrible. Rental costs are one of the biggest destroyers of wealth among the general Swiss population. In many cities, rent prices have grown significantly faster than wages over the past 20 years.

High land prices are a fundamental problem. Spatial planning law reduces supply. And the scarce supply is met by massive immigration. Bold ideas are required. Therefore, land prices should be at least partially free from speculation. And construction costs would have to fall. This will make projects more valuable to builders again. We are a tenant nation. Affordable rents are the biggest lever in terms of the “common good” that Bundestag Member Parmelin talked about.

Vague ideas instead of quick solutions. Next viewing is on my agenda tomorrow. I couldn’t feel more hopeful today.

Housing shortage in Switzerland
Apartment rents are now increasing even in Zurich
Thousands of households affected
Apartment rents are now increasing even in Zurich
Cities rebuke Parmelin's action plan against housing shortage
Spongy and unambitious
Cities rebuke Parmelin’s action plan against housing shortage
“An interested party wanted to bribe me for two to three months' rent.”
This is what property managers experience
“An interested party wanted to bribe me for 2 to 3 rents.”
“We are stuck in a regulatory thicket.”

Acute housing shortage
“We are stuck in a regulatory thicket.”

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Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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