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Like Germany, home prices also rising in Austria

Posted on 13 September 2012

Austrians, wary of the Eurozone financial crisis, are placing their bets and their money these days in residential real estate. Like neighboring Germany, prices are rising in Austria, especially in the fabled city of Vienna.
Select Property, an international residential broker based in London, notes the outskirts of Vienna have shown an increased demand for property which is driving up the prices. “People know that they can get a larger property with more living space for the same amount of money that you would pay for something much smaller in the city,” according to the brokerage………………………………………..Full Article: Source


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