No. 3: Old structures are more economically stable

The construction industry has been warning of decay in the Swiss building stock for years and is calling for an increased renovation rate. Analyses of a building’s state are seen as risk analyses: the older the property, the greater the risk that parts of the building fail – and therefore the riskier the property, according to the technical diagnosis. As the changes in vacancy rates over the last twenty years have shown, the economic reality is in fact the opposite, and nice and new buildings stand out for being expensive, in many cases too expensive.