Martin Hoesli's research featured in the New York Times
Featured in the New York Times, GFRI’s Professor Martin Hoesli discusses his research on homeownership in Switzerland:
“Even though the math favors homeownership in the long run, many Swiss cannot afford a down payment, which by law is a minimum of 20 percent of the purchase price. Add to that the 4 percent in transfer costs, and the minimum down payment for the average-priced house in Switzerland — currently $1.4 million, according to Wüest Partner — is $336,000.”
Nov 9, 2023