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This study posits that there may be a strong relationship between the high degree of protectionism of the Swiss housing market and its stability. The article provides an overview of the Swiss housing policies that, it is argued, are highly conservative in the context of an international comparison. The stability of the Swiss housing economy is empirically tested. Based on the time period from 1990 to 2009, in which two substantial crises occurred, house prices and construction activity aredoi:10.1177/0042098011435278 fatcat:g66qbrghzncvle5z5pczf3qnda