Housing shortage is getting worse in Switzerland

There are fewer apartments and homes available to rent in Switzerland, according to the latest figures from the Federal Statistical Office (FSO). + Get the most important news from Switzerland in your inbox As of June 1, there were 51,974 vacant homes, which represents just 1.08% of the country's apartment and single-family housing stock. The rate has fallen by 0.07 percentage points in one year. This corresponds to 2,791 fewer vacant homes than the previous year. This is the fourth consecutive drop in the vacancy rate, due to a decrease in the supply of residential properties available for rent, even if this is less significant than in previous years, the FSO said on Tuesday. + Why home ownership is a mirage for most Swiss Six of the seven biggest regions reported a decrease in the year-on-year comparison. The biggest drop was in northwest Switzerland (from 1.22% to 1.06%). Only the greater Zurich region recorded a very slight rise (from 0.53% to 0.56%). At the cantonal level ...