Real Estate Bubble in Austria?
The real estate prices are still increasing. Above all, in the urban regions of Austria the prices continue to rise.
Real Estate Bubble in Austria? / Picture: © Vindobona.org
In Austrian cities, apartments become more and more expensive. In the first half year of 2012, Austrian real estate prices grew substantially. In some regions, the growth reached two-digit rates. As a relaxation is not foreseeable, a price bubble must be feared.
According to analysts, the main reason is the persisting debt crisis. For investors, an investment in real estate is…
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