A I R S h a r e

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Luxembourg's 38% population growth impacting housing market

Jul 18, 2019 @ 07:12 AM / by Emily Thomas

Luxembourg

Luxembourg as seen during a recent AIRINC cost of living survey.

Luxembourg experiencing a Landlord's Market

Luxembourg has a landlord’s market, with greater demand than supply. New construction is constant but mostly consists of smaller scale, high-end condo projects of five to fifteen units in a mix of flats and duplexes.

The population of the country has grown by 38% since 2000 (from 435k to 602k), triggering a huge need for residential infrastructure, which in turn requires land. A good solution for new construction is to build vertically. Luxembourg’s government has recognized the need and become more flexible in approving this kind of project.

 


Calgary, Canada as seen during a recent AIRINC cost of living surveyYou may also enjoy: 

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AIRINC's Data Points: Your Global Mobility News

Want to learn more? The above excerpt is taken from Data Points, AIRINC's quarterly newsletter. Data Points brings you the latest updates from our Housing, Goods & Services, and Tax departments based on our expert international surveys, which are conducted by our global data collection team on-location.

This quarter's cost-of-living surveys were conducted primarily in Europe, Asia, and mainland Southeast Asia. Click below to see more results from our recent surveys:

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2019 Mobility Outlook Survey from AIRINC: Download now to gain insights into the future of Global Mobility!Our 2019 Mobility Outlook Survey confirms that 58% of firms are seeking ways to improve employee communications regarding the potential financial impacts of assignments/transfers.

Download the 2019 AIRINC Mobility Outlook Survey!


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Topics: Housing, Expatriate Housing, Data Points, Insights and Experience, Housing Assessment Tool, Luxembourg

Emily Thomas

Written by Emily Thomas