Lack in Low-Cost Apartments

Published: March 15, 2012; 19:56 · (Vindobona)

In the near future, the Austrian real estate market threatens to show a drastic lack in low-cost apartments. Financing of real estate becomes more expensive.

Lack in Low-Cost Apartments / Picture: © Vindobona.org

For more and more Austrians, apartments are a welcome investment alternative. As a result, the real estate boom does not come to an end. However, almost high-priced apartments are being built. The segment of low-cost apartments is neglected. Already now, the Austrian real estate market shows a lack in low-cost apartments. The association of non-profit residential building companies…

This article includes a total of 120 words.

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