Real Estate Boom in Austria

Published: December 14, 2011; 19:32 · (Vindobona)

Property prices rose by 5.0% over the last two years. An end of the boom is currently “not in sight”, says the real estate industry.

Real Estate Boom in Austria / Picture: © Flickr

“We now arrived at a point where “normal” people sometimes close their savings accounts or their life insurances and ask for real estate investments.”, real estate representatives say on the occasion of a press conference. According to the real estate agents, such people do not want profits, but a safe haven for their savings. In many cases, people tend not to invest in…

This article includes a total of 222 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Real Estate Boom in Austria

Property prices rose by 5.0% over the last two years. An end of the boom is currently “not in sight”, says the real estate industry.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.