Swiss Restrict Construction of 2nd Homes for Rentals

Swiss Chalet

Switzerland is restricting the construction of second homes that have been the source of rentals for vacations. This will actually firm up prices by restricting new construction. Swiss real estate still appears to be one of the brighter spots in Europe.

http://www.swissinfo.ch/eng/swiss_news/Second_homes_vote_creates_winners_and_losers.html?cid=35048494