More than one-third of Luxembourg residents say current real estate prices influence their life choices

fr en de

According to ING International Survey's latest real estate study, 37% of respondents said real estate prices influence important decisions they make in terms of lifestyle and employment. 

<< Back
22/09/2016 |
  • ING

As a result of high property prices, 35% of residents cannot afford to live alone, 21% feel changing jobs would be too risky and 16% would put off having (more) children, compared with European averages of 29%, 22% and 16% respectively.

In the 18-34 age bracket, 71% have to live with their parents in order to make ends meet.

Buying property can cause people to make sacrifices in some cases: 27% drastically reduce their spending, 45% set money aside to make a down payment and 20% forgo holidays, compared with European averages of 41%, 33% and 21% respectively.

It's no wonder more and more people are finding it harder to pay off their mortgage: 17% in 2016 vs 10% in 2013!

More information at


Back to top  | << Back

Communiqués liés

Apex logo 150x150 (002)

Apex Group Americas continues to expand its business develop...

Apex Group Ltd. (“Apex Group”) – global financial service provider - has a...

Apex Group
Baker McKenzie

Baker McKenzie Luxembourg Unveils New Tax Controversy and Di...

Baker McKenzie Luxembourg is delighted to announce the release of our latest bro...

Baker McKenzie
Mr Shukhrat Ibragimov
17/07/2024 Personnalités

Changes to the ERG Board of Directors

Changes to the composition of the Board of Directors.

Eurasian Resources Group
Geobloc Terra Matters 15072024

Terra Matters Unveils First Product Circularity Data Sheet (...

Terra Matters, a pioneering Luxembourgish GIE dedicated to advancing and simpli...

H2 truck
16/07/2024 Partenariat

Cargolux and Arthur Welter team up on hydrogenpowered trucki...

Cargolux and Arthur Welter are proud to announce their collaboration on a hydrog...

Apex logo 150x150 (002)
16/07/2024 Personnalités

Apex Group appoints Novigi as data and technology partner to...

Data and technology innovation, scale and capability offers sustainable pathway ...

Apex Group

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more