Housing Is a Labor Issue: Land owners are taking all the wage gains

Re:Housing Is a Labor Issue: Land owners are taking all the ... by wildrhythms on Wednesday August 30, 2023 @07:12AM (#37320270)

Public/social housing. Vienna already does this.[1] Another example: in 2021 the city of Berlin acquired 15k units from corporate landlords bringing the total publicly-owned units to about 20% the total of rental units in the city.[2]

>Experts refer to Vienna’s Gemeindebauten as “social housing,” a phrase that captures how the city’s public housing and other limited-profit housing are a widely shared social benefit: The Gemeindebauten welcome the middle class, not just the poor. In Vienna, a whopping 80 percent of residents qualify for public housing, and once you have a contract, it never expires, even if you get richer. Housing experts believe that this approach leads to greater economic diversity within public housing — and better outcomes for the people living in it.

[1] https://archive.is/P2Vad

[1] https://www.nytimes.com/2023/05/23/magazine/vienna-social-ho...

[1] https://www.huduser.gov/portal/pdredge/pdr_edge_featd_articl...

[2] https://apnews.com/article/europe-business-elections-berlin-...

[ Parent | on HN ]

Re:Housing Is a Labor Issue: Land owners are taking all the ... by em-bee on Wednesday August 30, 2023 @09:52AM (#37322177)

In Vienna, a whopping 80 percent of residents qualify for public housing

but only 0.5 million out of an almost 2 million population do live in public housing, and it takes several years before you can get such a place.

[ Parent | on HN ]