Suche
Housing costs chaos in Vienna: 40% of households at the financial limit!
A current study shows that 67% of Austrians are concerned about housing costs. In Vienna in particular, 40% feel expenditure as a challenge.
Housing costs chaos in Vienna: 40% of households at the financial limit!
The housing costs in Austria provide many people, especially in Vienna, where Aliquot perceives 40 percent of the respondents their monthly expenses as a "big challenge". These alarming numbers come from a study by Immowelt.at, in which 1,000 people were asked about their living situation. According to the survey, 67 percent of the participants stated that they were concerned or anxious in terms of their housing costs. These concerns are not unfounded, since many households can currently do their housing costs, but look into the future with uncertainties. The increase in different housing costs plays a central role in this, since according to Statistics Austria specific expenses such as operating costs, energy costs and maintenance costs claim a significant part of the household income.
Tenants, people under the age of 40, singles and single parents are particularly affected. The study also highlights the commitment of single parents: 37 percent of them feels their living situation "no longer affordable". Despite the challenges, over half of the respondents report that they have no major problems due to their monthly housing costs. Almost a third describes their financial situation as "just affordable" and every tenth Austrian is already actively fighting against high rents, loan repayments and increasing operating costs, as reports https://www.kosmo.at/wohnkosten-fuer-40-Der-am--finanzelle-limit/)growth of housing costs
The average housing costs in Austria show a worrying trend: in the fourth quarter of 2023, the average rental costs including operating costs were EUR 662.9. In 2024, rents rose by more than four percent and was around 660 euros per month. In addition, the average rents in newly rented apartments at EUR 11.8 per square meter are significantly more expensive than in old contracts, which cost only 6.3 euros per square meter.
The last statistics make it clear that the operating costs were on average at 164 euros per apartment or 2.5 euros per square meter. The increase in costs is also evident in the rental contract structure: Almost 25 percent of the main rental contracts are limited, which contributes to the uncertainty of many tenants. These fixed -term contracts have average rents of EUR 12.8 per square meter, which brings significant burdens for the tenants, as [Orf
.In what location are the households?
When considering the ownership, it turns out that there are over 1.5 million houses in Austria, which mostly offer more space than rental apartments. Nevertheless, the rental market remains strong: Around 809,000 rental apartments make the private segment the second largest living space segment. The average size of a main rent is 70.6 square meters, which leads to a problem with the increased rents and living costs in the largest cities.
In summary, the increasing housing costs in Austria have a direct influence on the quality of life of many households and socio -economic effects, especially for vulnerable groups. The challenge of affordable living is a central topic in many cities, especially in Vienna