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Non-profit organizations are resisting the collapse in housing production – housing construction in Austria

by Alexandra Hartman Editor-in-Chief

2023-11-29 14:50:26

The non-profit developers will build around 16,100 residential units this year; this number will still be around the ten-year average. But a significant decline is expected as early as 2024; only a little more than 13,000 non-profit apartments are expected to be built next year – most with, but some without, housing subsidies, i.e. privately financed.

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