New rent calculations required

Friday 19 August 2011, 16:58 clock
While lower interest rates in Switzerland, which persist at a high level of rents: The rents for the relevant reference rate since December 2010 is unchanged at 2.75 percent. The tenant association is now insisting on a change in the method of calculation.
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Image facade of an apartment rental building.
The tenant association is the calculation of rents unfair. keystone

The claim is based on the recent intervention by the Swiss National Bank to weaken the strong Swiss franc. Therefore expects a further, extended period of low interest rates. May also directly benefit homeowners, which may occur during the renegotiation of mortgages with lower interest rates.

The Swiss Tenants' and Tenants Association (SMV), it is therefore all the more troubling that the lease ends, "are systematically disadvantaged" by the calculation of the reference rate for many years as he informed.

"The new round of rate cuts to make a quick change in calculation method even more urgent." SMV, calls on Federal Johann Schneider-Ammann, change the method of calculation toward a mathematical rounding.