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Reading: Swiss voters reject extra powers for landlords on subletting By Reuters
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Swiss voters reject extra powers for landlords on subletting By Reuters
The Tycoon Herald > Business > Swiss voters reject extra powers for landlords on subletting By Reuters
Business

Swiss voters reject extra powers for landlords on subletting By Reuters

Tycoon Herald
By Tycoon Herald 2 Min Read
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ZURICH (Reuters) – Swiss voters narrowly rejected a change within the regulation giving landlords extra powers to limit subletting by tenants, in accordance with preliminary outcomes of a referendum on Sunday that scrutinized Airbnb’s function within the rental market.

Advocates of the change handed by parliament in 2023 argued tenants had been more and more subletting through rental firm Airbnb. Opponents of it, led by a serious tenants’ affiliation, rejected this, saying most Airbnb letting is through landlords.

Kathrin Anselm, who’s in command of Airbnb for Switzerland, advised Swiss newspaper Tages-Anzeiger earlier this month that the corporate had no affect on the residential housing market.

Preliminary outcomes confirmed 51.6% of voters rejected the subletting change, which additionally utilized to business property.

Within the newest spherical of nationwide referendums held beneath its system of direct democracy, voters additionally rejected – by a barely bigger majority – laws to provide landlords extra rights to terminate leases when wanting to utilize their property.

The tenancy questions have been intently adopted in Switzerland, the place most households lived in rented or cooperative dwellings on the finish of 2022, official information present.

Swiss voters reject extra powers for landlords on subletting By Reuters

Swiss voters additionally rejected the federal government’s plans to develop the nation’s community of motorways.

In a separate session, residents of Zurich rejected an initiative to take away gender-inclusive language from town’s official texts following months of debate.

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