Switzerland’s housing crisis is pushing low income earners into poverty, warned Caritas this week. Geneva © Boris Breytman | Dreamstime.comAccording to the charity, high rents are pushing some low income earners into poverty. An acute shortage of housing is pushing rents beyond the level that some people can afford, forcing them to cut back on spending in other areas, said the charity. High rents are partly driven by a shortage of housing. Why pay high market rent for a small place when you can stick with an old rental contract with low rent for a larger home?

Source: Le News June 28, 2024 03:23 UTC