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-   -   Paying Rent on your own House?? (https://www.englishforum.ch/housing-general/56364-paying-rent-your-own-house.html)

Zurcher 19.07.2009 10:34

Paying Rent on your own House??
 
I was told about when you have your house paid off, some type of government psychos come to your house and try to tell you to pay rent in your own house. What is going on here? Are these some type of totalitarian psycho commies?

AbFab 19.07.2009 10:52

Re: Paying Rent on your own House???????????
 
Quote:

Originally Posted by Zurcher (Post 499028)
I was told about when you have your house paid off, some type of government psychos come to your house and try to tell you to pay rent in your own house. What is going on here? Are these some type of totalitarian psycho commies?

Whoever told you that has no idea what they are talking about.

You will find more details by searching these forums, but in short:
- Swiss mortgages are usually not paid off. At least the one on up to 65% of the value of the property which is interest only
- this interest-only payment can be offset against the Eigenmietwert (notional rental value of the property as valued by your local community (the "totalitarian psycho commies"?) - much like the UK's former rates and now council tax system)
- your property will be part of your wealth and as such mildly taxed, thus keeping a % of its value as a mortgage loan is also a (small) advantage...

19.07.2009 10:53

Re: Paying Rent on your own House???????????
 
You really are a dribbling loon aren't you?

Go outside and give yourself a slap.

Or stay inside and do it if your carers won't open the door for you.

Blonaybear 19.07.2009 10:55

Re: Paying Rent on your own House???????????
 
No, you don’t get ‘government psychos’ coming to your house.

A notional value is taken into account for tax purposes. Search for threads about taxation for more information or, you could try searching for ‘totalitarian psycho commies’ but I doubt that you’ll find much !


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