Market Players and Reports
» Overview – Austrian mortgage market
Austria without the property bubble and without the resulting
Real estate property prices developed very moderately in Austria
in recent years. Unlike many other industrialised countries, there
is therefore neither a property bubble nor the risk of a massive
decline in property prices with the resulting consequences for the
balance sheet of households, companies and banks.
What turned out to be specific to Austria in particular has been
the segment of subsidised housing, the so-called “non-profit housing
developers”. This not-for-profit construction business is supported
and guaranteed by the federal provinces with subsidies.