Swiss premiere: The reference interest rate is rising and so are many rents – what you need to know about this
What is the reference interest rate? How has it developed in the past? And what does that mean for rents in Switzerland? The most important questions and answers.
Rents are likely to rise in the coming months.
Image: Alex Spichale
It is happening for the first time in Swiss history: the mortgage reference interest rate introduced in 2008 is increasing – from 1.25 to 1.5 percent, as reported by the Federal Housing Office on Thursday morning. What sounds technical has real implications for both tenants and those who rent out properties. What you need to know about this.
