Renters overpaid 21 million Euro in 2011

Categories
General News

A news study has revealed that people renting apartments in old buildings in the Austrian capital paid 21 million Euro too much for their apartments in 2011. This is the result of a new study by the Austrian Chamber of Labour who analyzed Statistic Austria data. The reason is thought to be incorrect increases of […]

Vienna SPÖ presents smart flats concept

Categories
Politics

The Viennese government plans to offer affordable apartments to young families and singles who are on a low income. Viennese Social Democratic (SPÖ) Housing Councillor Michael Ludwig said at the SPÖ Vienna’s summit in Rust, Burgenland, yesterday (Thurs) that his department would create 2,000 “smart flats” within the coming two years. Ludwig said the apartments […]

Austrians unimpressed by rising rents

Categories
Business

Almost one out of five Austrians consider investing in real estate within the next 12 months, according to an investigation. Public opinion agency Integral found that 19 per cent of Austrians planned to spend money on properties in the coming 12 months – five per cent more than in the previous quarter. The research group’s […]

Landlord ‘nailed up tenants’ doors’

Categories
General News

A ruthless landlord boarded up the doors of several elderly tenants’ apartment, according to a report.The Kronen Zeitung reports today (Mon) that more and more victims of the Viennese businessman have come forward after having exposed his actions earlier this year.The daily newspaper accuses the man of nailing up the doors of apartments of tenants […]