Swiss residents are facing a cost-of-living crisis, with approximately one-third of citizens and expatriates reporting financial strain.
According to a survey conducted by the gfs.bern research institute, 79% of respondents believe the wealth gap in Switzerland is excessively wide.
Rising costs of essential goods and services have led to a decline in purchasing power.
Regional disparities in financial stress were observed, with canton Ticino experiencing a significant increase in financial stress.
Despite these challenges, there is a strong desire for social equity among Swiss residents.
88% of respondents agree that homeownership has become unaffordable for most young Swiss individuals.
There is also support for policy changes to address wealth inequality.
69% of respondents are in favor of increasing wealth taxes.
Additionally, 72% of respondents support the sharing economy as a means to reduce individual purchasing burdens.
The findings from the survey highlight the need for solutions that address immediate financial concerns and long-term structural inequalities.