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Switzerland Today

Swiss news in English

Saturday, January 18, 2025

Zurich Evictions Stir Outrage and Debate

Published: 2024-12-04

In Zurich's Neugasse, over 200 residents face eviction due to a planned total renovation of their homes, sparking widespread outrage.

The sudden notice, affecting 105 rental parties, has been met with skepticism and anger from the community, who suspect financial motives behind the move.

Critics argue that the renovation, justified by the need for sustainability and energy efficiency, is a guise for increasing rental income.

The Hauseigentümerverband (HEV) defends the landlords, citing the necessity of maintaining property standards.

However, real estate economist Christian Brunner questions the legitimacy of the renovation, suggesting it is driven by profit rather than necessity.

The controversy highlights the tension between property rights and tenant security in a city grappling with housing shortages.