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Austria Faces Growing Demand in Living Space
In the next 25 years, Austria needs 10% more apartments. However, building land becomes more and more scarce.
Austria Faces Growing Demand in Living Space / Picture: © Vindobona.org
Only in Austria´s capital Vienna, experts expect that 300,000 accommodation units must be built in the next 25 years. However, building land reserves only reach 90,000 units. According to the Austrian Chamber of Commerce, demand for small-sized apartments in central urban regions is growing rapidly.
In Austria, the construction of 800,000 units is needed. In Eastern Austria,…
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