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This article and this article report on Vienna's social housing market. Rent controlled since 1917 and now publicly owned.

What are the relative pros and cons from an economic standpoint of such a policy? How's it working there?

Why is it apparently unique in the world? What are the barriers to copying its successes elsewhere? What, if any, are its failures?

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    $\begingroup$ One could ask, from an economics perspective, why should rents in Vienna be half (per sq.m) what they are in Budapest... (approx 5.5 vs 11 euros). The dubious answer I received on politics SE on a similar question is that a city should only compare with itself... $\endgroup$ – Fizz Mar 3 '20 at 14:06
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    $\begingroup$ On the "not a plus" side, it doesn't seem to shield you from a housing bubble in the remaining private sector. reuters.com/article/austria-economy-cenbank/… $\endgroup$ – Fizz Mar 3 '20 at 14:19

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