Real Estate: Why Austrians Prefer Rented Apartments

Published: February 3, 2014; 14:34 · (Vindobona)

About 40% of the Austrian households are rented apartments. Most tenants cannot afford becoming homeowners.

Real Estate: Why Austrians Prefer Rented Apartments / Picture: © Flickr

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…

This article includes a total of 218 words.

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