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By 1933 [Social Democrats in Vienna] had built almost 60,000 dwellings, mostly in huge apartment houses... These were built so efficiently that the average cost
by sfmz 1y ago
By 1933 [Social Democrats in Vienna] had built almost 60,000 dwellings, mostly in huge apartment houses... These were built so efficiently that the average cost per apartment was only about $1,650 each; since rent was expected to cover only upkeep and not construction cost (which came from taxes), the average rent was less than $2.00 a month. Thus the poor of Vienna spend only a fraction of their income for rent, less than 3 percent, compared to 25 percent in Berlin and about 20 percent in Vienna before the war.
From "Tragedy & Hope" by Carrol Quigley
- IshKebab 1y ago> rent was expected to cover only upkeep and not construction cost (which came from taxes) I think he meant non-subsidized rents.
- deleted 1y ago[deleted]
- snapplebobapple 1y agoAka actual rent because subsidy can make rent for some group targetted for special treatment whatever the subsidizer wants. Subsidized rent is a stupid metric. What matters is the broad situation for everybody