Bregenz

Country

Population

29,000

Renting

3 Things...

1. Cultural Hub: Bregenz is known for its vibrant cultural scene, including the famous Bregenz Festival, which takes place annually on the floating stage of Lake Constance. The festival showcases opera, theater, and music performances that attract audiences from around the world. 2. Architectural Highlights: The city features unique architecture, including the Kunsthaus Bregenz, a contemporary art museum designed by renowned architect Peter Zumthor. Its innovative design and the exhibitions it hosts make it a notable landmark in the city. 3. Natural Beauty: Bregenz is situated at the foot of the Pfänder mountain, offering breathtaking views of Lake Constance and the surrounding Alps. The Pfänderbahn cable car provides access to hiking trails, making it a popular destination for outdoor enthusiasts seeking to explore the stunning landscapes.

Organisations

Rhomberg

Unlisted Orgs

Population (AI)

29,000

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Last edited

Sep 30, 2024 6:49 PM

Category

Local programs

Housing Market

**Summary of the Housing Market in Bregenz** Bregenz, a city in Vorarlberg, Austria, faces a challenging housing market characterized by high property prices and a shortage of affordable housing. The city has seen significant price increases, with middle-class property prices rising by 7.7% to 21.2%. The average price per square meter for apartments is around €5,110, making it the second most expensive region in Austria after Vienna. Austria has a low home ownership rate of 48.8%, indicating a strong rental market. However, this also means that many residents are vulnerable to rising rents and limited affordable housing options. The city is grappling with a housing crisis, exacerbated by a shortage of building land and high demand for premium properties. To address this, there is a need for initiatives that support and build affordable housing. While specific measures in Bregenz are not detailed in the available sources, the broader Austrian context suggests a focus on promoting sustainable and affordable housing solutions, such as encouraging the development of green locations and supporting young families in accessing detached houses with gardens. Further efforts to increase the supply of affordable housing and control rising rents are crucial to addressing the housing crisis in Bregenz.

Further Actors?

Cooperatives

The specific role of housing cooperatives in Bregenz, Austria, is not detailed in the provided sources. However, general information on Austrian housing cooperatives can offer some insights: - **Role of Housing Cooperatives**: In Austria, limited-profit housing associations (LPHAs) play a significant role in the housing market. Around a quarter of all households live in homes owned or managed by these associations, which are characterized by cost-rents and revolving funds. - **Market Share**: While specific data for Bregenz is not available, the broader Austrian context suggests that housing cooperatives have a substantial market share, contributing significantly to affordable housing. - **New Housing Cooperatives**: There is no specific information on new housing cooperatives in Bregenz in the provided sources. - **City Support**: Austrian cities generally support cooperative housing through various means, including public land concessions and favorable financing models. For example, the use of revolving funds and cost-rents helps maintain affordability. Given the lack of specific data on Bregenz, it is challenging to provide a detailed summary of the city's housing cooperatives. However, the broader Austrian context suggests that housing cooperatives are an integral part of the housing market, offering affordable and sustainable housing solutions.