Why the dream of owning a home in Salzburg is shattered

2023-06-22 04:58:54

The number of new housing loans collapses massively. Real estate prices are falling across Austria. In Salzburg the trend is different.

One circumstance on the domestic real estate market remains unchanged: the desire to own property is still the dream of many Salzburg residents. 68 percent state their own home as their preferred form of living. This puts Salzburg above the Austrian average of 64 percent. This is shown by the current housing study by the Salzburger Sparkasse, carried out by the market research institute Integral. The dream of a house continues to top the wish list. 43 percent of Salzburg residents (42 percent in Austria) dream of it. 25 percent strive for a condominium. Seven percent consider cooperative housing (rent) …

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