Given the prices, and mostly the unavailability, of properties in Zurich many small villages within perceived reasonable (<1h to HB) commuting distance are experiencing a real estate boom. Young couples of expectant DINKs or with small babies find the suburb life attractive compared to the city.
I wouldn’t be surprised to see a very strong trend of land appreciation, certainly properties like single houses which are basically not built anymore are going like candies .
You wouldn’t believe to what extent of commuting misery people go to have a single house, in bigger villages apartment buildings are the only norm nowadays. Also consider commute distance does not reflect (in)convenience, if you are somewhere near a train station with a direct line to the city it’s a much better experience than having to change 2-3 times (and perhaps with buses that are full, and then have to wait for the next outside in the elements, etc.), even if the former place takes more travel time “on paper”.
I know some examples, just not sure about overall statistics. For them, the corona-caused home office was a godsend. But I’m also not sure how many people are affected. Yesterday I was at the office and I was alone on a big floor full of monitors. At the same time, there was the usual traffic jam on the Autobahn.
my thinking is, but it’s certainly not Swiss thinking, that if I need
more than 50 minutes to commute or
more than 1 change of commute train/tram
to board anywhere onto a bus
…I’d rather take a car and probably get there about 20 minutes quicker. As an added combo damage, if you need a car to do your groceries/childcare/post runs that ends up needing to have 2 cars. Two cars are about 1500-2000 CHF a month of extra expenses. This kills most of the financial advantages of the larger agglomeration, even with buying a house - I’d then rather rent in the middle of Zürich that we do now and go everywhere on foot.
Ok then you have it cheap. I recently applied for two neubau flats in Wollishofen, 2000+NK and 3000+NK for 80 sqm 3.5 room flats (the diff was in standard and lake view). My application was not even checked, just rejected without looking. They had enough applications.
Wollishofen is massively competitive with all the insurances, deloitte etc. on Mythenquai. Also the location is not the same as Oerlikon, however Oerlikon is swiftly coming up in price levels.
Let’s talk about the fact that they want me every time get a certificate for 30chf for just rejecting me…
I know it’s valid for 3 months, but it’s not like I find apratments all at the same time…
I wonder if you file a Betreibungsregister e.g. 6 months old, will they just silently reject you or at least let you know that they want a current one?
It’s awful how much of a sellers market we have in real estate. Buyers need to file god knows what just to be considered. It’s funny when I compare this to Poland, where if you request such hoops, then you will get no takers. Asking for phone number to employer and current landlord? Forget about it.
I just wonder why they don’t just raise the prices even higher so that at least there is something to choose from. They would still be guaranteed to find tenants. Is there some kind of rent control in Zurich? One economist once said:
In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.
I mean no offense, but when I walk around the modern Oerlikon, it feels to me like a concrete ghetto. I would absolutely not like to live there, although where I live (Schlieren) is the same. Tens of modern blocks popped up. They look kind of bearable today, but I’m sure that in a few decades they will age terribly.
I know, it’s all meant to provide modern living for thousands of people. But it so devoid of any soul of variety. At least these buildings do not have 20+ stories…
Best way to be guaranteed of getting the apartment is to either have a Swiss name or a Swiss partner (who is on the contract) or “include” employment contracts from big MNCs such as CS, NOV, Nestle, etc. in the application.
When I applied to 11 apartment landlords in the Schuetzenhaus/Zoo Bachletten area in Basel 11 years ago, I was rejected pronto. Fast forward to 2017 and I applied for similar apartments with my then gf (Swiss) and I got the apartment on the 1st viewing. Fast forward to 2020 and I made an ownership offer for an apartment with my now wife and our bid was accepted on the same day.
I would consider to move to a place with Lageklasse 1 (green), 2 (yellow), worst case 3 (orange). Whatever is lower, looks crappy or is loud, next to a busy street.
My next “trick” is to declare me and GF married. If they further check I will swear to them “How do you f… want me to marry if I still live in a rathole? First f… house, then marriage!”
ahah.
(I’d prefer to live in the white part tbh…)
(edit2: don’t trust that thing too much, better to check the loudness factors. immomapper shows something, but usually it’s enough to check if the roads are crowded)
we happen to live in building in the third picture
Yeah it’s a lot of concrete but also a lot of green in the middle areas. The houses are mostly all minergie, spacious layouts, large windows if not floor-to-ceiling ones, good open kitchens with relatively new appliances, washing machine in most units.
Coop 3 minutes, Kita in the same building, parks and playgrounds in any direction you start moving, most of this area is also car free to very little noise and kids can run around freely. The other side is bustling with restaurants.
The block in Schlieren seemed totally soulless to me in comparison, built in the middle of nothing with nothing but industry around you and the train tracks in your back. That will also get better with time, though. I’d not like my kid to go to Kindergarten in Schlieren, though.
Thalwil by the lake would be much better indeed, but everything has a price, you see
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