What are the pros and cons of Vienna's publicly owned social housing market?

Ask Question

Asked 6 months ago

Active 6 months ago

Viewed 30 times

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?

asked Mar 3 at 6:22

FreeMarketUnicorn

1,1015 silver badges15 bronze badges

1

$\begingroup$ 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... $\endgroup$ – SX welcomes ageist gossip Mar 3 at 14:06
1

$\begingroup$ 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/… $\endgroup$ – SX welcomes ageist gossip Mar 3 at 14:19

add a comment |

0 Your Answer

Name

Required, but never shown

Post as a guest

Name

Required, but never shown

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy