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In order to sell the house, the Rent will not rise

Two to three times per month reach Kornel Ringli inquiries from anxious tenants or tenants whose property is available for sale. ISIS works for the urban PWG Fo

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In order to sell the house, the Rent will not rise

Two to three times per month reach Kornel Ringli inquiries from anxious tenants or tenants whose property is available for sale. ISIS works for the urban PWG Foundation, whose goal it is to obtain affordable residential and commercial spaces.

"However, it is usually already too late when these calls come," says ISIS. The sale of the property to the highest bidder was then in the pipeline. Often with the effect that after a conversion, the Rent increase steep or the previous residents must move out.

good time

bring The PWG calls the tenants in the context of a Crowdsourcing project to report to the property owner, unless it is a private person. The Foundation will then contact them to bring in due time into the game, if a sale is pending.

"This is a prophylactic method against higher and higher rents, which contribute to the gentrification of the city," says ISIS. The idea came in an interview with the city magazine Tsü

cooperation with Tsü

Tsü noted in a survey of how big – and justified – fear for the tenant and the tenants before, after renovations or change of ownership, the cost of renting will increase significantly. In the circles 3, 4 and 5, where the Tsüri Community lives mainly, is this danger is particularly great. Therefore it is together tight with the PWG.

Using a today launched a campaign to reach as many real estate owners to convince them to deprive her of the object of speculation, and to sell the PWG. Goal is to get to 3. March to establish a minimum of 500 direct contacts.

One-third below market rent

For almost thirty years, the PWG is buying real estate in the city of Zurich and removes them as speculation. If the PWG accepts, guarantees you that the previous tenant may remain on the same terms. The PWG-Rent, around a third are, according to ISIS under the market average.

However, the PWG will pay the house owners a little less than he could obtain in the market usually. "We pay good prices and do not bargain," says Kornel Ringli. However, in the last ten, fifteen years, the usual procedure after to the highest bidder is sold, the non-profit Foundation, is usually a trick.


Who sold to us, could be sure, that for his former tenants is taken care of, promises to the PWG. Last year, the non-profit Foundation whose Board of Trustees includes the whole of the political spectrum from AL to SVP was able to make purchases to the value of around 56 million. This was, according to ISIS a very good year.

The years before, but the investments remained, each with twenty to thirty millions of francs, well below the target value. "Multi-family houses are searched for a good ten years, particularly in the city of Zurich very much," explains Kornel Ringli.

150 properties

A typical "PWG-property" consists of a ground floor with about two commercial spaces and eight to ten apartments on the upper floors. Rare, there are properties pure trades, such as the heritage-listed railway viaduct in district 5, which the PWG was developed from 2004, and since opening in 2010, rents.

the establishment of The PWG goes back to a popular initiative. Since 1991, she earned annually up to eleven properties. She currently manages 150 properties with over 1725 apartments and 313 of the commercial space. The fixed assets amounts to around 664 million Swiss francs (end of 2018). (Tages-Anzeiger)

Created: 18.02.2019, 14:21 PM

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