Summary
In Salzburg, financial investments and tourism-induced demand are exacerbating the housing shortage, revealing that such pressures extend beyond metropolitan areas. The study highlights how institutional and private investors leverage real estate for both long-term returns and short-term tourist rentals, while local planning efforts struggle to mitigate these challenges due to existing power dynamics. By analyzing regional housing markets, the research demonstrates that tourism and financialization intersect to intensify housing scarcity, offering new insights into non-metropolitan urban housing crises.
Citation
Van-Hametner, A., Smigiel, C., Kautzschmann, K., & Zeller, C. (2019). Die Wohnungsfrage abseits der Metropolen: Wohnen in Salzburg zwischen touristischer Nachfrage und Finanzanlagen. Geographica Helvetica, 74(2), 235–248. https://doi.org/10.5194/gh-74-235-2019