Re:Watch “I am a New York City landlord and I'm Homeless.” o...
by candybar on Sunday April 04, 2021 @12:18PM
(#26690702)
Why does Vienna provide this service if it adds no value?
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Re:Watch “I am a New York City landlord and I'm Homeless.” o...
by _jn on Sunday April 04, 2021 @07:57PM
(#26693911)
Vienna built a bunch of social housing under social-democratic rule to decrease rents, and unlike most other cities, they opened it to a relatively wide income bracket. The value added, if you want to call it that, is _less_ money is spent on rents in the city. Supposedly, a majority of units in Vienna still falls under social-housing restrictions, though I don't have the time to dig deeper now and so I can't tell you what proportion is directly owned by a public enterprise and what proportion is housing co-ops (a somewhat popular model in Europe).