Half of Swiss homebuyers raid pension pot for funding

As property prices continue to rise while people's purchasing power stagnates, more and more people are resorting to second pillar pension assets to buy their homes. +Get the most important news from Switzerland in your inbox This can lead to problems in old age, an analysis by Moneypark shows. + Houses for sale in Switzerland? Yes, but you can't afford it According to calculations made by the mortgage advisory and brokerage company on the basis of 7,500 transactions, 48% of buyers use pension fund...