Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Swiss voters reject more powers for landlords on subletting

by
November 25, 2024
in Stock
0
Swiss voters reject more powers for landlords on subletting

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
Previous Post

Adani Energy Solutions says no material impact from Kenya energy deal cancellation

Next Post

Brazilian meat suppliers stop deliveries to local Carrefour retailers, media say

Next Post
Brazilian meat suppliers stop deliveries to local Carrefour retailers, media say

Brazilian meat suppliers stop deliveries to local Carrefour retailers, media say

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    January 23, 2025
    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    January 23, 2025
    Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success

    Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success

    January 23, 2025
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators
    • ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2025 proudforprofits.com | All Rights Reserved