Household Assets in Austria Lower Than in Spain

Professional ServicesReal Estate ♦ Published: April 10, 2013; 14:12 ♦ (Vindobona)

The proportion of owned homes in Austria and Germany is below 50 % and one of the reasons why household assets are on the lower end of the scale.

Household Assets in Austria Lower Than in Spain / Picture: © Vindobona.org

The amount assets of Austrian and German private households can only be found on the lower end of the scale compared with the rest of the Eurozone countries. This shows a report published by the European Central Bank yesterday.

Luxemburg with median assets in private households of € 397,800 ranks first but also Spain (€ 182,700), France (€ 115,800) and Italy (€ 173,500)…