4 ms·
1/3 of the housing stock in Vienna is social housing which belongs to and is managed by the city. They offer low rents and therefore a large part of tenants do
by tacker2000 9mo ago
1/3 of the housing stock in Vienna is social housing which belongs to and is managed by the city.
They offer low rents and therefore a large part of tenants dont compete on the private market, therefore pulling overall rents lower.
- lifeisstillgood 9mo agoChatGPT with no deeper diving thinks you are further off “”” Social/public rental makes up about 43% of the city’s housing stock; around half of that is city-owned public housing. The rest includes limited-profit housing associations and private housing. “”” This compares with London around 20%, paris 24% and NYC 9% So yeah that makes a huge difference…