Logical realism is undoubtedly one of the central features which characterize many of the major works in Austrian philosophy from Bolzano to Husserl. Although this remark is true, as we believe, one must not forget the fact that some of the key concepts of Austrian philosophy are rooted in theories that reject realist principles. As an example, take the concept of state of affairs in Austrian philosophy, and more specifically, Franz Brentano's conception of judgement contents. By showing the motives which (...) led Brentano to introduce these judgement contents and by analyzing the arguments given to support his thesis, the present article aims to contrast the initial remark by illustrating, by means of the case of state of affairs, how the interrelations between realist and nominalist positions have shaped the development of Austrian philosophy. (shrink)