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Old 02.09.2012, 23:52
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Re: Real Estate prices sinking

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While Geneva is enclosed by France
Wrong.



See all that countryside? Geneva. The city is indeed enclosed, but the problem is not the french border, the problem are the rural areas around the city where building is forbidden until it gets déclassé, in fact there's plenty of room to grow and that something everyone acknowledges. There's room to build 2 more geneva's just in its canton. Building more and densier outside of the city would easily solve the problem, politicians know it: See some examples of areas they want to urbanize but this is a leeeeeengthy problem to solve, as anything that needs to be done in this country.
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