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Der Vorschlag des Bundesrates zum neuen Mietrecht : eine ökonomische Analyse

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Author Info
Pascal RAESS
Thomas VON UNGERN-STERNBERG
Abstract

This paper critically analyses the proposed law for regulating the rental housing market. The swiss tenants have made mostly negative experiences with the rate of return regulation practiced in the last 20 years. Nevertheless, the new law does not address these problems. If the new proposed law were to be enacted, it would probably lead to a significant rise in real rents in the near future. The shortcomings of the proposal are such that it has to be completely revised. We advocate a laissez-faire solution for the contracting of new leases combined with indexation on the CPI for on-going leases. Such a measure would permit a market evolution satisfying both landlords and tenants.

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Publisher Info
Paper provided by Université de Lausanne, Faculté des HEC, DEEP in its series Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) with number 9904.

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Length: 20 pages
Date of creation: Mar 1999
Date of revision:
Handle: RePEc:lau:crdeep:9904

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Postal: Université de Lausanne, Faculté des HEC, DEEP, Internef, CH-1015 Lausanne
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Fax: ++41 21 692.33.65
Web page: http://www.hec.unil.ch/deep/publications-english/e-cahiers.htm

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Related research
Keywords: housing; hold-up; regulation; indexation;

Find related papers by JEL classification:
D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation
K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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This page was last updated on 2010-2-4.

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