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Old 16.02.2009, 18:27
Nev
 
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Re: Swiss (city) housing outlook - Any ideas?

I would think carefully about buying unless you're here for the long haul. It's expensive to buy, it's hard to make a quick profit and the market isn't that liquid at the best of times be so finding a buyer on resale can take a long while even at the best of times. You would be lucky to see much appreciation over three years (you'll do well if you keep pace with inflation) which makes the taxes meloncollie mentioned a big deal. All the economic stuff you mention are relevant but not as relevant as say, the UK and the US where boom and bust makes timing of entry and exit really critical and recession hits a lot of people because home ownership is so high. Prices here are a lot less volatile. But buying here is a big decision. The market dynamics just aren't geared to making a quick buck.
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