Real Estate Bubble in Austria?

Professional ServicesReal Estate ♦ Published: August 29, 2012; 10:22 ♦ (Vindobona)

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: ©

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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