10 ms·
Why? Some forms of this work pretty well in lots of countries, it doesn't in others. As with all its in the details but straight out saying no is just ignorant.
by consp 5y ago
Why? Some forms of this work pretty well in lots of countries, it doesn't in others. As with all its in the details but straight out saying no is just ignorant.
- HamburgerEmoji 5y agoWhere did it work pretty well?
- deleted 5y ago[deleted]
- barry-cotter 5y agoI'm not aware of anywhere that attempts to socialise housing has worked well. As a teacher and someone who has been a student I'm also extremely hesitant to say that the way education is usually provided [1] counts as working well, whether you're looking at purely economic returns on investment or human flourishing. [1] Not a knock on government provision in this case as demand for education with any real freedom seems to be extremely limited
- ginko 5y ago> I'm not aware of anywhere that attempts to socialise housing has worked well. In Vienna about 25% of the total housing stock is public housing[1]. It's the main reason why rental prices are significantly below other European capitals[2]. [1] https://www.huduser.gov/portal/pdredge/pdr_edge_featd_article_011314.html https://www.huduser.gov/portal/pdredge/pdr_edge_featd_articl... [2] https://www.statista.com/statistics/503274/average-rental-cost-apartment-europe/ https://www.statista.com/statistics/503274/average-rental-co...
- barry-cotter 5y agoYour [1] does not imply your [2]. If 200,000 refugees show up in Vienna tomorrow and are allowed to work and be economically productive they'll look for and find housing, bidding up prices. Housing supply does not automatically increase with demand. If the private sector provides 100,000 new dwelling places it'll have a very similar effect to the public sector doing so. Who owns the provider has limited economic effect.
- dash2 5y agoBold claim about causality there. Have you got a research design to back it up?
- sudosysgen 5y agoIt's pretty bold to ask for a scientific study to prove that 25% of housing being rented at a low price lowers the price of rent.
- bumbada 5y agoNot really. The main reason Vienna have rental prices below other European capitals is because it was one of the few cities that actually lost a significant part of its population multiple times. It was the capital of a big empire that was destroyed and they incorporated to a different Empire that also was destroyed. Lots of people left to other cities that were not as bureaucratic looking for opportunities an oversized capital without Empire could not sustain. BTW, It was not pretty. Lots of families that used to live in Vienna now live in Israel for a reason. You could say the same thing about Detroit in the US.
- qwytw 5y agoVienna's population was at it's lowest in 1951, it has grown by almost a quarter since then, whereas Detroit's current population is a fraction of what it was in the 50's. While admittedly Vienna has been growing slower than most other major cities in Europe your explanation is ~80-100 years outdated..
- bosie 5y agoPopulation size isn't as important as you make it out to be, to be honest. What you need to figure out is sqm usage, which has gone up significantly. In the big empire back then you had 12 people on 30 sqm, now you have 75 year old widows living alone in an 80sqm flat, not moving out as they did 30 or 40 years ago.
- bosie 5y agoDon't forget the upper bound on monthly rent per sqm on buildings older than 100 (?) years. That plus public housing puts pressure on the market.