ING News: 94% of Luxembourg residents think that it is getting more and more difficult to buy a property
According to the latest ING International Survey on property, the Luxembourg residents surveyed feel that purchasing conditions are becoming less and less favourable for new entrants to the market.
In fact, almost all (94%) said that it is getting more and more difficult to buy a property, especially for new entrants! If we compare the results at a European level, we can see that the Grand Duchy is leading the way ahead of the United Kingdom (89%), with Germany bringing up the rear, scoring 59%.
The average for Europe is 79%.
When asked how they believe prices will change over the next twelve months, 76% said they think that prices will increase; this is the second-largest score after Turkey (82%) compared with 33% for Italy at the back of the pack and 56% for the European average.
Moreover, when residents were asked their opinion about the impact of low interest rates, many of them (45% in the Grand Duchy to be exact, vs. 29% at European level) said that this drives property prices up. Note that Luxembourg ranks second with this score, after Turkey (55%), vs. 29% for the European average.
More details can be found on eZonomics.com: http://www.ezonomics.com/ing_international_survey/homes_and_mortgages_2015
Communiqués liés
2023 : une année de transition et de transformation
Lors de l’Assemblée générale qui s’est tenue le 24 avril 2024, les acti...
Cargolux posts profit for 2023
The Cargolux Group (Cargolux) generated a positive net result for its 2023 finan...
Gcore Recognised as Highly Commended in the Industry Innovat...
Gcore acknowledged for successful launch of first AI speech-to-text solution for...
MOMENTUM 2024 drives sustainable solutions forward
Deloitte’s annual MOMENTUM Conference fosters a dynamic exchange between indus...
Nouvelle recrue au service client de NO-NAIL BOXES : Nadine ...
NO-NAIL BOXES, le fabricant luxembourgeois de caisses pliantes en bois contrepla...
Réseau ETRE est le nouveau lauréat du Degroof Petercam Fou...
Réseau ETRE remporte la sixième édition du Degroof Petercam Foundation Award....
Il n'y a aucun résultat pour votre recherche