alt Hacker News(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.)
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darkwizard42 • today at 3:45 AM
Is this similar to Singapore where much of the housing stock is government housing?
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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