First Vienna Residential Market Report | 2020

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

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HOUSING MARKET

OWNERSHIP STRUCTURE IN 2019

AROUND 931,000 APARTMENTS IN VIENNA count as inhabited, with around 76 percent of households living in rented accommoda- tion – an extraordinary housing market compared to the other eight Austrian federal states. Of these 710,400 or so rented apartments, around 409,600 are owned by the City of Vienna or non-profit housing associations.

PEOPLE LIVING IN owner-occupied apartments occupy a roughly equal share in Vienna and Austria; this share is rather low compared to other forms of housing, while still remaining largely stable. Naturally, most Austrians prefer to live in single-family homes, and this is the main household form across the country – as opposed to Vienna, where this share of households is very low.  ×

HOUSING STOCK 2019

VIENNA

AUSTRIA

approx. 931,000*

approx. 3,947,000 *

TOTAL PRIMARY RESIDENCES

ABSOLUTE FIGURES

ABSOLUTE FIGURES

OWNERSHIP

68,000 124,700 710,400 307,200 214,100 195,500 27,900

1,673,200 430,100 1,657,700 710,500 315,800 631,500 186,000

HOUSE OWNER-OCCUPIERS

APARTMENT OWNER-OCCUPIERS

MAIN TENANTS (COLLECTIVE)

PRIVATE INDIVIDUALS AND LEGAL ENTITIES

PUBLIC CORPORATIONS

NOT-FOR-PROFIT HOUSING COOPERATIVES

SUBLEASES AND OTHER LEASE ARRANGEMENTS

* Source: Statistics Austria, own calculations. A household equals one apartment.

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