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Old 22.06.2011, 10:58
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better to buy or rent in Zurich?

my partner and i had been thinking of buying a house in the Zurich area. but after a month of looking in Homegate, we realized that something was amiss the day we thought we'd found a 'bargain' in an old run-down 850,000 CHF house with major renovations needed. we stopped looking.

but still i wonder, with the 20% sitting in the bank earning nearly no interest, and the current monthly house rent vanishing into thin air, so to speak... would it be better (economically) to bite the bullet and buy a 1 million franc house that would surely not be as nice as the awesome house we're renting now for 2700?

we plan to stay in CH for the foreseeable future.

Thanks for your thoughts!
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Old 22.06.2011, 11:00
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Re: better to buy or rent in Zurich?

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my partner and i had been thinking of buying a house in the Zurich area. but after a month of looking in Homegate, we realized that something was amiss the day we thought we'd found a 'bargain' in an old run-down 850,000 CHF house with major renovations needed. we stopped looking.

but still i wonder, with the 20% sitting in the bank earning nearly no interest, and the current monthly house rent vanishing into thin air, so to speak... would it be better (economically) to bite the bullet and buy a 1 million franc house that would surely not be as nice as the awesome house we're renting now for 2700?

we plan to stay in CH for the foreseeable future.

Thanks for your thoughts!
yes, if you can find one and can afford it.
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Old 22.06.2011, 11:04
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Re: better to buy or rent in Zurich?

Some threads here to give you an insight:

Costs of Buying vs Renting in Zurich

Buying or Renting in Switzerland

buying Vs renting

Buying vs Renting for 2 years
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