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by tptacek 20 days ago
(For the uninitiated, the government [and sponsored co-ops] owns almost half the housing in Vienna, and eligibility for social housing, which is seen as desirable, extends deep into the middle class.)
2 comments

There's no free lunch. Housing costs are effectively carried by immigrants and transplants: https://www.aei.org/wp-content/uploads/2023/09/Setting-the-r...

In general, the Vienna model is very difficult to copy without being in extreme conditions: https://www.threads.com/@__smiz/post/Cxpz28CIkT6

Many people also don't know that Vienna was isolated and divided for nearly 50 years during the cold war. A significant amount of the available housing is due to Vienna having a bad economy for almost a century.
Berlin was divided.

Like Berlin, Vienna had occupation zones, but there was never a wall between them.

The reason "many people dont know" about that is that it didnt happen.

You just made it up.

That's a pretty uncivil way to say "you're wrong". People are wrong about things all the time; I'm sure you have been too.
Huh? I thought that Vienna's partition period following WWII lasted more like ten years than sixty.

https://en.wikipedia.org/wiki/Allied-occupied_Austria

Vienna was under occupation for 10 years but was never partitioned. There was mostly free movement of people and goods between the zones.
Is this similar to Singapore where much of the housing stock is government housing?
I am also reminded of (former-?) rival Hong Kong, where the government either runs or subsidizes at least half the housing. (This in turn relies on other idiosyncrasies, like the government owning all the land, a massive sovereign-wealth fund, etc.)