Posted 9/21/2023, 4:00:00 AM
Tech Boom and Immigration Fuel Zurich Housing Surge Past London and Paris
- Zurich housing prices surging past London and Paris due to tech hiring and immigration.
- High salaries and beautiful surroundings draw people, with 1/3 of Zurich residents foreign-born.
- Google a major local employer with over 5,000 workers from 85 countries.
- Conservative party seeks to limit population growth to 10M by 2050 via asylum restrictions.
- Generous salaries and long mortgage terms up to 50 years ease housing cost burdens.
