Pilot Projects
The HFCS is the first survey to have been conducted in Austria to generate a comprehensive set of data on household wealth (including housing and financial wealth) as well as debt that makes it possible to analyze the net assets of households and hence assess their risk capacity. Before the first wave of the HFCS, only two household surveys had been carried out in Austria that covered selected aspects of households’ finances and investment behavior, namely the Household Survey on Financial Wealth 2004 and the Household Survey on Housing Wealth 2008, both conducted by the OeNB.