Switzerland is facing a growing housing crisis, exacerbated by high immigration rates and a shortage of available rental properties.

Despite a projected population increase of 0.9% this year, the number of rental listings has dropped by 11% compared to last year, leading to a 6.4% rise in rental prices.

While there are signs of hope with a 22% increase in new building applications in the second quarter, many approvals are still pending, and it may take years for new constructions to alleviate the current shortage.

Experts suggest that the lack of available land in central areas and bureaucratic hurdles are significant barriers to increasing housing supply.

As the demand for housing continues to outpace supply, the situation remains critical, particularly in urban centers and tourist regions.