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Old 03.09.2012, 16:01
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Re: Real Estate prices sinking

It will be interesting to see how it will affect other areas? As Zurich and Geneva start to go down in price, will other areas become actually more pricey or less? For instance in Romandie, areas like Yverdon, Fribourg and Neuchatel- also as more multi-nationals are moving there to avoid high Riviera prices and lack of suitable land.

BTW easy to say Geneva has loads of agricultural areas that could be concreted over. Easy to forget that as Switzerland is covered with lakes and mountains, agricultural areas are limited and essential for many reasons. Also why should the Swiss agree to concrete over the land their love - for the sake of come today and gone tomorrow big pharmas like Novartis, etc?
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