Although the basic real estate metrics in Suisse Romande remain sound, Yves Rapin, a committee member of the Union Suisse des professionnels de l’immobilier Vaud (Swiss association of real-estate professionals in Vaud) believes that the economic downturn will have two indirect negative effects: the numerous multinationals in the region will be reducing their personnel and the growing rate of unemployment will impact available revenue.
Prices are therefore expected to adjust downwards due to an increase in the offer.
Source: 24 Heures
For Swisster readers still looking for a place to live, this news may not be so bad.

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