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  #141  
Old 24.04.2012, 19:45
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Re: Thinking about buying. Good/bad idea with a housing bubble?

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Yeah, there will be a popular vote on this in June IIRC... but to be frank, I believe this would be counter-productive. Prices are not driven by construction costs but rather by temporal availability of apparent "cheap" financing. More encouragement would just drive prices up even further. Federal Council rather wants to do the opposite - increase the % of "hard" down-payment by restricting access to 2nd pillar funds.
Did this "savings account" thing just get voted last time?
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  #142  
Old 24.04.2012, 20:10
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Re: Thinking about buying. Good/bad idea with a housing bubble?

Bad idea. Put your money in gold or platinum and live in a tent.
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  #143  
Old 24.04.2012, 20:17
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Re: Thinking about buying. Good/bad idea with a housing bubble?

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Bad idea. Put your money in gold or platinum and live in a tent.
Or a trailer home. That's what I'm looking for. Any leads send my way.
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  #144  
Old 24.04.2012, 20:23
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Re: Thinking about buying. Good/bad idea with a housing bubble?

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Or a trailer home. That's what I'm looking for. Any leads send my way.
Har har har. You guys are funny. After all the crap we are going through with neubau... we'll wish we were in a tent at the end.

Sad thing is, EF warned me neubau is horrible this way. *pushes forward anyways*
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  #145  
Old 24.04.2012, 20:45
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Re: Thinking about buying. Good/bad idea with a housing bubble?

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Har har har. You guys are funny.
I'm actually serious about the trailer home (ie, long rectangular studio loft) .... DH, not so much!
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  #146  
Old 04.05.2012, 08:42
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Re: Thinking about buying. Good/bad idea with a housing bubble?

Latest article from UBS on the Real Estate Bubble

http://www.ubs.com/global/en/wealth_...e-Index-EN.pdf

The number of annual rents required to purchase a home is now 28.0 (27.6 in the previous quarter). We have not seen this level since shortly before the peak of the last real estate bubble in 1989.

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  #147  
Old 18.08.2012, 08:42
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Re: Thinking about buying. Good/bad idea with a housing bubble?

It depends on why you want to buy, if you are looking from an investment point of view, analyzing the bubble does make sense.

we have bought an apartment too, if everything goes as planned we would be moving in few months time,
It made sense to us as:
we were looking for a minimum of 4 rooms apartment around Zurich. Not older than 5 years to have wasching machine and modern amenities with in. On the ground floor to have a garden. Not so far from the public transport, don't want to rely on my driving skills every time .
But the rent is crazy at the moment a minimum of 3.5 k and there is always a queue of tenants applying.

The same house would be around 1.8k to 2k chf including some sinking fund kept aside.
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  #148  
Old 30.01.2017, 15:11
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Re: Thinking about buying. Good/bad idea with a housing bubble?

A new housing bubble article in today's and last week newspapers:
http://www.tagesanzeiger.ch/wirtscha...story/10238790

https://www.nzz.ch/finanzen/immobili...sich-ld.140613

So far the bubble is, non surprisingly, rental flats in non prime location. As Switzerland has still a big net immigration there are still potential renters coming.

Even if you are not an investor for such properties this news may still be of concern for you. Why you ask? Many rental buildings are financed, built and owned by the pillar 2 providers.
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  #149  
Old 30.01.2017, 16:29
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Re: Thinking about buying. Good/bad idea with a housing bubble?

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A new housing bubble article in today's and last week newspapers:
http://www.tagesanzeiger.ch/wirtscha...story/10238790

https://www.nzz.ch/finanzen/immobili...sich-ld.140613

So far the bubble is, non surprisingly, rental flats in non prime location. As Switzerland has still a big net immigration there are still potential renters coming.

Even if you are not an investor for such properties this news may still be of concern for you. Why you ask? Many rental buildings are financed, built and owned by the pillar 2 providers.
And it was over 5 years ago when the OP posed the question:

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I've been soaking up most of the housing threads on EF right now and wanted to ask opinions on whether it's a good (or terrible?) time to buy or even realistic. The latest thread on the housing bubble has me kind of nervous about what's going to happen to the market around Zürich.
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  #150  
Old 30.01.2017, 16:41
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Re: Thinking about buying. Good/bad idea with a housing bubble?

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And it was over 5 years ago when the OP posed the question:
In a thread with a topic like this, predictions and retrospective views are always interesting and of relevance.
Afraid, that one of your past statements could hurt you
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buying flat, buying property, flat, house, neubau




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