1. Housing Cooperatives in Zurich Dominic Gubser und Roger Furrer ETH Zürich December 2013

2. 2 What are housing cooperatives? Housing cooperatives are usually founded by a group of people or institutions to buy, build and administer real estate on their own. The rent is only as high as the restoration costs of the building. Therefore housing cooperatives don’t earn any income return.

3. 3 History Because of industrialization, a lot of people want to live in the city.  Huge need of houses/apartments Working-class family, Berlin (1907) Quelle: http://www.soziologie-etc.com/med/ziv-u-korr/medizinkartell/02-d/005-arbeiterfamilie-Berlin1907.jpghttp://www.soziologie-etc.com/med/ziv-u-korr/medizinkartell/02-d/005-arbeiterfamilie-Berlin1907.jpg

4. 4 History Because of industrialization, a lot of people want to live in the city.  Huge need of houses/apartments City starts cooperative housing 1907 Two peaks of apartment construction for housing cooperatives after WW I & WW II, on initiative of the city Quelle: Wirtz, R.W., 2013

5. 5 Typical examples

6. 6 Text

7. Zurich’s urban real estate market today Inner city real estate has become more attractive again. Pressure from the countryside and the suburbs towards the inner city  Raise in housing prices  Gentrification  Segregation  Speculation  Lack of social mixture  Raise in commuting prices therefore infrastructure cost. 7

8. 8 Where we are today

9. 9

10. 10 Where we are going 2011 the city’s population voted for an initiative, which created guidelines for the city’s executive to support housing cooperatives to increase their share on the whole housing market from 25% today to 33% in 2050. What are the effects on this?

11. 11 What are the effects on the building sector in Zurich

12. 12 What’s going on in the near future Siedlung Mattenhof Replacement building + 239 apartments (173%)

13. 13 What’s going on in the near future Siedlung am Katzenbach Replacement building +118 apartments (112%)

14. 14 (Economic) Impacts of housing cooperatives The city population consists of all social levels  Prevention of “social ghettos”  City stays “alive”  Less people are forced to live in the agglomeration (?), therefore less commuters cause less traffic which is more sustainable Huge settlement areas are withdrawn from real estate market  Therefore no speculation possible on those real estate objects  Competition between private investors and housing cooperatives on land  Creating of two separated markets on renting prices