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Especially with older multi-family homes in the Canton of Zurich, the question increasingly arises as to whether a comprehensive renovation is still economically viable or if a replacement new build represents the better long-term solution.

On September 28, 2025, Swiss voters approved the abolition of the imputed rental value. The reform is scheduled to be implemented on January 1, 2029. This will fundamentally change the taxation of owner-occupied homes in Switzerland.

The Swiss National Bank cut its key interest rate by 25 basis points to 1.0 percent on September 26, 2024. It is generally expected that two further interest rate cuts will be decided, so that the SNB key interest rate will be 0.5 percent in March 2025.