
Zurich votes on affordable housing initiative
Contents Zurich and many in Switzerland could learn about affordable housing initiative from their Austrian neighbours in Vienna. They have a history of over 100 years on affordable and social housing. The Viennese have seem to have successfully balanced the needs of social housing, tax its residents and balance commercial construction projects with the minimum of speculation. Background to the Swiss housing initiative and the Zurich housing problem Zurich is very different to how it was back in the 1980`s. It is now a magnet for migration from both inside and outside of Switzerland. Property ownership in the city is now dominated by insurance or pension companies and speculation because of low interest rates is regarded as being above normal. There are real obstacles to purchasing both commercial and private property as evidenced by Glattpark to the north of the city. In 2000 a district plan for development of the marshy land was agreed. There was to be a change of use and a mini-town with businesses and other amenities constructed. Housing was to be provided for close to 7,000 people with the schools for the children now being seen as the last item on the list to be provided.