16 aprile 2025|
AI
|8 months agoZurich Housing Crisis Sparks Mass Protests Against Pension Funds
Thousands demonstrate in Zurich over pension funds' role in housing market, as funds control 44% of rental apartments nationwide.
AI
Generated IllustrationKey Takeaways
AI
- Pension funds own approximately 44% of rental apartments in Switzerland
- Pension funds are legally mandated to generate returns on investments
- Buildings are being emptied for renovation and then re-rented at higher prices
By The Numbers
44%
Percentage of rental apartments owned by pension funds
They Said
"That doesn't mean they should be charging sky-high rents"
"There is no more socially valuable use of real estate returns than to fund retirements"