Expert talk: Igor Strehl provides insight into Austria's real estate market for investors and buyers
It has been over a year since central banks began combating inflation and an overheating economy by raising interest rates. While economists debate whether Europe is in a recession, one thing is evident: the climax of economic conditions has passed, marking the onset of an inevitable slowdown. In line with the cycle theory, the real estate market stands among the sectors initially impacted by this economic deceleration. This trend is visible through real estate companies and beneficiaries across the globe facing bankruptcy, while other businesses grapple with emerging financial challenges.