Nowadays, dreams of home ownership tend to fade as costs reach ever-higher levels. In many countries, house prices are expected to continue to rise. Confidence in the European housing market has hit a plateau, though vast shifts in outlook can be seen across Europe.
But what do Luxembourgish residents think about the housing market?
The sixth annual ING International Survey on savings asks more than 14,000 people in 15 countries how comfortable they are with their level of savings for 2017. We also delve into the effect of the low interest rates on savings seen in many countries. Let’s find out where Luxembourg resident stands compare to its neighbours.
Without enough savings, people can end up needing rather than wanting to borrow money. In 2017, 20% of people in Europe have personal loans. Let’s find out what are the results for Luxembourg as well as its neighbours …
Feeling festive at Christmas typically packs a punch to the wallet; across Europe 10% of people even went into debt during the season in 2015. In the 2016 survey, ING asked 13,576 people across Europe, the USA and Australia about their Christmas budgets and finances – confirming that many feel the holiday has become too [...]
“Helicopter money” is a form of stimulus that involves central banks giving money directly to consumers in order to promote spending. Discover what Luxembourg residents think about it and how they would spend it.
Hard to believe but true: as we have seen in the previous infographics about the Luxembourg housing market, prices are higher in the Grand Duchy than in other European countries… However, Luxembourg residents seem to be used to it and generally manage to find a suitable housing solution for themselves. The proof is in numbers [...]