https://chalet.myswitzerland.com/holiday-rentals/grindelwald...
Superior public transport (quite a few villages ban cars entirely), much higher wages and ruthless exploitation of immigrant labor are also factors though.
I thought Switzerland does not have lot of immigration.
[1] https://en.wikipedia.org/wiki/List_of_sovereign_states_and_d...
For you maybe.
There is lots of good reasons to live there if it's your passion. As in, you expect to be on-hill three or more days a week. Not to mention: Just getting there before the crowds arrive is a game changer.
I'm no expert but do live in a western mountain town and have an old climbing friend who just bought a closet to live in in the Alps.
Part of the issue here is towns have very limited sewage and water systems so its not like you can just build new apartments/duplexes/tiny houses/trailer parks on the outside of town ... you need a pretty big lot to put in a septic system and well and at that point you buy a lot you might as well build a 3+ bedroom McMansion to maximise returns.
With the book from the panic, people have bought lots all over thinking they could just build… it doesn’t work like that. The rock doesn’t always agree w your plans.
Edit: I suspect as most of the larger French ski towns are purpose built you don't have quite the same problems for "locals".
You either have to pay people enough to afford a mortgage in the area, or you watch all your manual laborers move to the big cities.
I believe the author mentions that there was a proposed large apartment building (250 ish units) that could, presumably, have alleviated some of the demand but that it was voted down by nimby types to avoid CB “becoming aurora”
I’d think then that it’s less so the market preventing building than it is voters and activist home owners
Being able to buy whatever you want for whatever price works for you and the seller sounds quite a bit like a "free market" to me.
|+-- incorporated municipality
Federal -> state -> county -+
|+-- unincorporated land
In the case of an incorporated municipality, the people who live there have a political process to make decisions about planning/zoning/construction, but these (in general) cannot override the rules from the county, state and federal levels.In the case of unincorporated land, the county makes the rules, and so these are controlled by a political process involving the entire population of the county, rather than just those who live on a particular piece of land (because "there is no there, there"). Again, the county generally cannot override rules from the state and federal level.
In general, the state doesn't really set planning rules that affect specific placement of things. There may be environmental and health regulations that would prevent X being built in a particular location, but the state doesn't normally control whether single family only zoning (as an example) should be used in a given neighborhood - that's up to the incorporated municipality to decide.
The federal level really doesn't set any planning rules other than high level environmental and health regulations.
Indeed, if it was legal to build it would have been done already.
Residential development isn’t a free market. The locals control who gets to build what. And very few locals want their single family home in the shadow of a new mid-arose condo.