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Old 21.04.2020, 00:50
hurbertschneider hurbertschneider is offline
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Re: Is it worth buying a flat in Switzerland?

Just posted in a similar topic in my case mainly it's about. "is it worth to sell now?"

What I observed is:
  • seems like interest rates are going down again after a slight jump
  • house ads are frozen(one new add in week in certain areas whereas in 2019 been observing much more) so that's not much of an indicator
  • last price drop in Switzerland has been at 1991-1993 mainly caused by government action to limit speculation by raising rates, extra regulations for investors and construction companies see reference
  • short-time work keeps everyone floating no defaults
  • construction activity is also halted by the virus

Read it "somewhere" it's the best time to buy during recession as economy will is eased by central bank so your dept is relatively smaller in the long run. Not sure how much of that is true.
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