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The Swiss Housing Market

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Author Info
Steven C. BOURASSA (University of Louisville)
Martin HOESLI (University of Geneva, University of Aberdeen and Bordeaux Management School)
Donato SCOGNAMIGLIO (IAZI / CIFI)
Abstract

In contrast to many other countries, Switzerland generally has not seen soaring house prices in the 2000s and house prices have only recently started to diminish slightly. Also, Swiss authorities do not engage in trying to increase the homeownership rate much above its current relatively low level of 37.5%. In this paper, we present the main aspects of housing policy and finance in Switzerland which can help to explain these idiosyncrasies. We also analyze house prices and rents, and construct an index of residential land prices. The policies which are discussed in this paper may be useful to housing policy makers in other countries.

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Publisher Info
Paper provided by Swiss Finance Institute in its series Swiss Finance Institute Research Paper Series with number 09-16.

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Length: 50 pages
Date of creation: May 2009
Date of revision:
Handle: RePEc:chf:rpseri:rp0916

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Web page: http://www.SwissFinanceInstitute.ch
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Related research
Keywords: Housing policy; housing finance; house prices; rents; taxation; homeownership; Switzerland;

Find related papers by JEL classification:
R31 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - Housing Supply and Markets

This paper has been announced in the following NEP Reports:

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This page was last updated on 2009-11-30.


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