Switzerland is a bit different from the US. From what I understand, property ownership entails paying the imputed rental value in taxes, which makes property ownership much less desirable. In the US, mortgage interest is tax deductible up to a certain limit, property taxes are deductible, and there's an amount of capital gains that's excluded from taxation when selling one's primary residence. Compared to other places in the world, the benefits of property ownership are pretty bonkers.