• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Swiss voters reject more powers for landlords on subletting

by November 24, 2024
written by November 24, 2024

ZURICH (Reuters) – Swiss voters narrowly rejected a change in the law giving landlords more powers to restrict subletting by tenants, according to preliminary results of a referendum on Sunday that scrutinized Airbnb’s role in the rental market.

Advocates of the change passed by parliament in 2023 argued tenants were increasingly subletting via rental company Airbnb. Opponents of it, led by a major tenants’ association, rejected this, saying most Airbnb letting is via landlords.

Kathrin Anselm, who is in charge of Airbnb for Switzerland, told Swiss newspaper Tages-Anzeiger earlier this month that the company had no influence on the residential housing market.

Preliminary results showed 51.6% of voters rejected the subletting change, which also applied to commercial property.

In the latest round of national referendums held under its system of direct democracy, voters also rejected – by a slightly larger majority – legislation to give landlords more rights to terminate leases when wanting to make use of their property.

The tenancy questions have been closely followed in Switzerland, where most households lived in rented or cooperative dwellings at the end of 2022, official data show.

Swiss voters also rejected the government’s plans to expand the country’s network of motorways.

In a separate consultation, residents of Zurich rejected an initiative to remove gender-inclusive language from the city’s official texts following months of debate.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Israel stocks higher at close of trade; TA 35 up 1.02%
next post
Morning Bid: US exceptionalism piles pressure on EM

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

      May 16, 2025
    • Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

      May 16, 2025
    • ‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

      May 16, 2025
    • Netflix says its ad tier now has 94 million monthly active users

      May 15, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (466)
    • Stock (6,426)

    Latest News

    • Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
    • Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

    Popular News

    • China to step up idle land reclaim to support property market
    • U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.58%

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy