The city of Zürich is considering purchasing the Sugus-Häuser, three residential blocks where over 100 tenants recently received eviction notices due to planned renovations.
Mayor Corine Mauch and city officials aim to discuss the possibility of acquisition with the property owner, Regina Bachmann, to address affordable housing concerns.
The evictions, linked to property manager Goran Zeindler, have sparked public outrage and protests, with critics accusing Zeindler of dubious business practices.
Zeindler, who has a history of bankruptcies and legal troubles, denies any wrongdoing.
The controversy has fueled debates about housing policies, with left-leaning parties advocating for stricter regulations to curb speculative practices.
Meanwhile, the city has allocated 500 million Swiss francs to secure affordable housing, reflecting its commitment to tackling Zürich's housing crisis.