The Swiss Tenants’ Association has launched a popular initiative against excessively high rents. The initiative aims to enshrine the principle of cost rent and ban market elements from tenancy law. It also provides for automatic rent control.
In future, landlords should no longer be able to increase rents with reference to local or neighborhood custom, the association’s president Michael Töngi told the Swiss News Agency Keystone-SDA. He confirmed information from the NZZ am Sonntag.
The tenants’ association adopted the initiative text. It was submitted to the Federal Chancellery for preliminary examination.
The initiative also provides for automatic and regular rent controls. If the initiative is implemented, the legislator would have to clarify by whom, when and how exactly. Tenants are often left to their own devices in the event of disputes, according to the tenants’ association. Many are unable to follow through with the process or do not want to risk a dispute as they are dependent on the landlord.
https://www.swissinfo.ch/eng/swiss-politics/initiative-launched-against-excessively-high-swiss-rents/83830274?utm_source=multiple&utm_medium=website&utm_campaign=news_en&utm_content=o&utm_term=wpblock_highlighted-compact-news-carousel
Posted by BezugssystemCH1903
2 Comments
The execution appears to be the problem.
Why should new rental houses be built if the owners are not allowed to make a lot of money with it? Why should the owners renovate old apartments if they can’t demand more rent afterwards?
Completly braindead. It would literally make the problem worse.