TU Graz

Information:

This is an old - not maintained - article of the AEIOU.

In the Austria-Forum you find an updated version of this article in the new AEIOU.

https://austria-forum.org Imprint

bm:bwk
Encyclopedia
Encyclopedia
home austria albums search annotate deutsch
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Wittola, Markus Anton - Wohnungspolitik (24/25)
Wohnungseigentum Wohnungspolitik

Wohnungsmarkt


Housing Market: The term refers to the situation of supply and demand in regard to housing. In Austria, the housing market is only governed by market principles to a limited extent, since essential elements of the free play of market forces have been curtailed or subjected to strict regulation (rent control, regional planning ordinances etc.) In Austria the housing market is subdivided into four segments (the figures referring to the number of inhabitants are limited to principal residences):

1) Private homes: Approximately 57 % of the Austrian population live in their own houses or freehold (owner-occupied) apartments. This segment is particularly important in rural areas and much less so in urban areas. In Vienna only 17% of the population fall into this category. Construction of private homes and freehold apartments is subsidised by the public authorities, although the instruments used for this purpose vary from province to province, as does the share of government assistance in total construction costs (15-25% on average). Financing and construction of private houses and freehold apartments are also greatly assisted by Saving and Loan Associations.

2) Rented accommodation: 12.7 % of all Austrians live in rented accommodations. The larger the city, the higher the percentage: in Vienna 27.8 % of the resident population live in rented quarters. The disposition over rented accommodation and the total amounts payable for the rental of apartments of different quality standards are governed by a variety of laws (security of tenure, rent control).

3) Public housing (housing provided by public authorities at federal, provincial and municipal level): Approx. 10 % of Austrians live in public accommodations; in Vienna "council houses" account for roughly 31% of the resident population, making the Municipality of Vienna Austria's biggest landlord. Council apartments, which offer average quality accommodation at favourable rent levels, are principally intended for needy individuals and families.

4) Cooperative housing schemes, i.e. apartments built by cooperatives and private promoters, which account for approximately 10% of the Austrian population (in Vienna almost 13%). Approximately four fifths (in Vienna two thirds) have been built by cooperative societies, usually with public assistance.


Literature: H. Faßmann, Der segmentierte Wohnungsmarkt in Österreich, 1994.


Housing (1991)
Austria Vienna
Building ownership
Absolute
%
Absolute
%
Privately owned: 5,926,283 77.4 771,754 52.2
     No. in own homes 3,740,921 48.8 98,607 6.5
     No. in condominiums 647,940 8.5 163,602 10.9
     No. in rented apartments 972,654 12.7 416,768  27.8
     Misc. tenancy agreements 564,768 7.4 92,777 6.2
Federal, provincial, municipal 773,429 10.1 469,570 31.1
Cooperative building associations 784,380 10.2 192,816 12.8
Other legal entities 176,353 2.3 73,306 4.9
Total 7,660,445 100.0 1,507,446 100.0



Housing Units Completed in Austria
1985 1990 1993
Burgenland 1,637 1,396 1,493
Carinthia 3,362 2,500 2,415
Lower Austria 7,954 7,749 7,942
Upper Austria 7,149 6,202 8,570
Salzburg 2,774 2,785 3,141
Styria 5,432 5,618 6,677
Tirol 3,905 4,158 4,301
Vorarlberg 2,090 2,003 2,430
Vienna 6,850 4,142 6,480
Austria (total) 41,153 36,553 43,449



 
User Guide Abbreviations
 
© Copyright Encyclopedia of Austria

 

Search for links to this page
 
help aeiou project of the bm:bwk copyrights e-mail