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Real Estate: Why Austrians Prefer Rented Apartments
About 40% of the Austrian households are rented apartments. Most tenants cannot afford becoming homeowners.
Real Estate: Why Austrians Prefer Rented Apartments / Picture: © Vindobona.org
According to a survey carried out by Austrian s-real, the motives behind living in rented apartments are numerous. 22% of the respondents said that living in rented apartments allows acting more flexibly. About 26% of the respondents explained that they prefer rented apartments because of their current living conditions. The biggest group, however, simply cannot afford alternative…
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