What is the Swiss model? I was under the impression that the average house in all of Switzerland costs over $700/sqft. Los Angeles, for example, is around $500/

What is the Swiss model? I was under the impression that the average house in all of Switzerland costs over $700/sqft. Los Angeles, for example, is around $500/sqft. Additionally, my understanding is that median income in Switzerland is like ~70% of what it is in Los Angeles. Is this not correct? This seems far from ideal.