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Old 27th October 2007   #14
Thomas W. Bethe
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Joined: Jan 2005
Location: Oberlin, Ohio
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Quote:
Originally Posted by mischa janisch View Post
Renting or buying doesn't make as much difference in Austria as it does in the US, since rental laws are very consumer friendly. We have an unlimited rent (until we want to move out we don't have to) and our rent can only be raised once a year by an index that is coupled to inflation (usually not much higher than inflation)...

What's even better is that we can determine a successor and charge him for the investment.

OK it is much different since here it is the landlord that has the ultimate power and NOT the renter.

Thanks for clearing this up.

Best of Luck!
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-TOM-

Thomas W. Bethel
Managing Director
Acoustik Musik, Ltd.
Room with a View Productions
Oberlin, OH 44074
www.acoustikmusik.com

Doing what you love is freedom.
Loving what you do is happiness.
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