Vienna's Radical Idea? Affordable Housing For All

[@clublulu399]

Being from Austria, social housing is quality but there is a long list to wait. My brother waited close to 5 years to get the apartment he’s in now. It was well worth the wait.

[@mikipav1064]

I'm also from Vienna and i waited just 6 months after application. I realise that i got lucky, but 5 years? Your brother is really unlucky. Usually you wait 2 to 3 years. I never heard of someone waiting 5 years for this. I also think that i got mine so quickly because i was still living with my parents when i applied and this is my first own apartment and i read somewhere that those who want to move out from their parents into their first apartment are preferred to get one apartment first.

[@margaretgyapong1933]

You guys are lucky!! Here in the uk it is 60 years!! Or never!!!

[@denisemayosky1955]

@@margaretgyapong1933 Here in the U.S., we'd be lucky if we have even that!

[@freakfehler]

@@mikipav1064 Same I got mine really fast (about 2 months after applying), but also had the first apartment bonus (jungwiener*innen ticket)

[@RicoBanani]

in Dublin you wait 7 years for a moldy apartment

[@ellaching2557]

As someone from Hong Kong, the world's least affordable housing place in the world for over 11 years, I felt so upset after watching this video. It's not like our government cannot solve the problem-- there are plenty of solutions. They just don't want to do anything with it.

[@ellaching2557]

in Hong Kong, one third of the revenue of the government comes from selling the lands. Moreover, our chief executive is not elected by us. So the government has no real incentive to lower the housing place.

[@ANTSEMUT1]

@@ellaching2557 Don't they just lease the land but then sell the development rights to private developers, and that's why it's extremely expensive?

[@skepticcat2443]

@@ANTSEMUT1 it's expensive because they lease the land via auctions to the highest bidder, most of Hong Kong's land is restricted to construction. This is how Hong Kong manages to stay in the top spot as the "freest economy in the world", by having the govt's entire revenue come from land leasing which means they can afford lowing taxes to 0% to draw in international investors

[@googleuser9383]

...because china wants to show a growth in GDP which it can only achieve in a housing bubble because all other industries are stalling

[@ANTSEMUT1]

@@skepticcat2443 ok thanks for clearing it up for me.

[@haemse]

By all cities I've been visiting and some - been living - Vienna is a pure gem. A historic - as well as modern masterpiece of urban planning. It's all about art and sharing an awesome life. Now I live here and I love it every single day and try to contribute.

[@Flex2212]

@uvuweve osas Prague is amazing. Vienna is amazing.

[@DonGivani]

Vienna IS GREAT !!!!! One of the best liveable cities in the entire world, loved it when visiting it

[@haemse]

@uvuweve osas both awesome cities. Hwr living there is a different thing.

[@treskyplesky1189]

@uvuweve osas Too bad housing in Prague isn't affordable anymore.

[@chinguunerdenebadrakh7022]

I didn't really like the metro and tram coming from Budapest tbh.

[@yuriydee]

The biggest takeaway for me is that they build not just public housing BUT also communities. They build public transport, kindergardens, clinics, shops, parks, etc. We do NOT do that in the US. Developers here just plop up bunch of townhomes in middle of nowhere and then leave it to the county or HOA to manage everything. Zoning has a lot to do with this but its crazy that cities and towns let developers get away with doing the absolute bare minimum...

[@udishomer5852]

Yes, that is true. The US has absolutely zero idea how to build cities. Everything is about money there.

[@JimmuTennothefirst]

One maybe important point missing here is that Vienna also has an excellent public transport system owned and managed by the city. When they develop a new part of town public transportation is often finished first which significantly helps to create affordable housing, high density and desirable housing units. The example given "Seestadt" got a direct subway line making it a relative convenient place to live despite the relative remote location.

[@whoknew124]

Yea you are in the city center in 20 minutes. Sadly nobody still wants to really live in Seestadt. Nothing is really out there yet. In 20 years it's going to be a great community though

[@impaledloaf]

Yeah well Seestadt is also the only time they've done that in the last 50 years, maybe with the exemption of Alterlaa housing complex shown in the beginning at least getting an express-tram line right from the start. The thing is that there are also some areas that where developed decades ago that still havent got access to high quality mass transit. The part of town that I grew up in (which is btw right next to Seestadt) still hasn't got a metro or even a tram connection, even though more than 20.000 people already live there. But hey, the new 4-axle XL articulated buses running on the same old main bus route that's been there for 40+ years will do the job for sure...

[@russell7054]

i was going to post the same....also very clean, safe. puts other european cities e.g. dublin to shame.

[@hardyharharv]

9:32 she addresses that here

[@PWingert1966]

In Toronto the Eglington crosstown LRT is a decade behind schedule and an order of magnitude over budget. We are over a billion dollars over the initial estimate and 15 years late on the opening and they still have no idea how to finish it and commission it for public use. It's a Billion-dollar boondoggle. It's also running in areas where rich condo owners don't take transit because they have cars and feel unsafe around the low-income people and the mentally ill that flood the system and beat and stab people to death. We have had several deaths on the Subway this year caused by people with mental illness..

[@evanholmes9416]

As someone who works in the affordable housing industry in the US, the most staggering thing to me from the video was construction costs being HALF in Vienna than what they are in Seattle. If construction costs in the US would be cut in half, I think the housing supply could increase exponentially if paired with upzoning large amounts of land to multifamily & mixed use.

[@metekavruk_Alanya]

What do you think about 3D printed homes? Will they be popular and help solve your problems there?

[@Elias-gb5bb]

The thing is, we manage these low prices whilst paying our construction workers very well. Going as far as giving them full unconditional healthcare, sick leave, parental leave, mandatory holidays and workhour limits per week. The US should really try to get its act together and stop being as corrupt as it is :D

[@AETacts]

@@metekavruk_Alanya the problem is, the people who make 3D printed houses still raise the prices exponentially. I read an article the other day where a company could print houses for $20K each, but then they sold them for $300K. They said "hey, it's affordable! All the normal houses nearby are $600K!" And I just think about all the renters paying $20K a year who could maybe actually have their own house if the price wasn't jacked up so much

[@xXDrocenXx]

Mixed us is key, than it works very well with public transport what also encreas the cost of streets, why fewer and smaller will be needed.

[@secrets.295]

Actually Vienna is a very expensive place to live. Housing is very expensive. Maybe u can get affordable public housing, but the numbers are so limited. People have to wait for years to own one. Its not really a success story. And u also have to bare in mind taxes are very2 high in majority of European countries. After tax their salaries are usually lower than most major cities in America. So maybe on average American homes are more expensive but Americans also make more money after tax.

[@mikvance]

"B-but what about shareholders? You're just building houses for people to live in? That's crazy talk!"

[@christopheder1447]

Shareholders? The flats are city-owned.

[@DJ-xs9ki]

@@christopheder1447 he was joking

[@christopheder1447]

@@DJ-xs9ki 🙃

[@Lumberjack_king]

Its sarcasm

[@christopheder1447]

For the city of vienna it's not very expensive because over decaded the most money they need for social housing is payed back by rent so they can invest in new appartements.

[@alanleung1828]

Affordable housing? Bloomberg: RADICAL IDEA!

[@wh2960]

communism!!! ....amirite? *sweats nervously*

[@ML-yu5ij]

Coming from a Singaporean, I can comfortably tell you that this is possible.

[@tjs200]

I'm pretty sure the title was intentionally sarcastic

[@lontongtepungroti2777]

pretty sure it's to maximize clickbait for people that think this way

[@SaretGnasoh]

Affordable housing? Bloomberg: RADICAL IDEA! Murica : IT'S COMMUNIST!!!

[@nicolasbenson009]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[@Vincent-j8u]

"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

[@TinaJames222]

Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

[@sharonwinson-m8g]

this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@TinaJames222]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@ChadRoberts-x6i]

I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@lukasbrauner9862]

Bloomberg of course not even mentioning that the only reason for all of this is that Vienna has a social democratic government since 1919.

[@silver7788]

Makes u think how they still beat up rest of the world in more than one thing.

[@nqh4393]

Except for a national socialist government between 1938-1945 though.

[@lukasbrauner9862]

@@nqh4393 That is of course right but not relevant for the topic. Btw if you really wanna be accurate, the exception already starts in 1934 with the rise of the austrofascistic Regime.

[@lukasbrauner9862]

@@silver7788 Well maybe because social democracy works?

[@adamlynch9153]

Yeah but they’re definitely capitalist with one of the most competitive gdps in the world

[@creative.money_eu]

As someone from Vienna, I feel like I should really apply for one of these buildings haha

[@sebastian05111995]

@@ROBOROBOROBOROBO Remember the time when Zaha Hadid designed the Wirtschaftsuniversität in Vienna and the building started to rain down concrete chunks? 🤣🤣🤣

[@wei949]

Hey, how affordable is Vienna from your perspective. I have to admit that Vienna, is one of those historically important Europeans cities that I never really considered visiting.

[@creative.money_eu]

@@wei949 I think it's pretty affordable, some people struggle of course but if you don't have a family to support it's easy! And for anyone struggling the state really helps out, you just have to apply for the program :)

[@MatthiasNeumeister130499]

@@ROBOROBOROBOROBO What? Thinking of Vienna as a low-quality version of German cities is utter nonsense, have you ever been there? Almost always being near the top in various quality of life indices, having two of the largest universities in the German speaking world, having the cheapest and arguably one of the best public transport systems, and having more affordable housing than e.g. Munich or Berlin is considered "low quality" in your opinion? Also, Vienna is not to blame for our current political situation, just look at all recent elections. I don't know how you came to your conclusion, but I'd highly recommend going there again once the pandemic is over to re-evaluate your views.

[@ZooDinghy]

@@ROBOROBOROBOROBO Wow, and despite this "low-quality" disadvantage, Vienna has won the most livable city in the world award ten times...

[@peterseverin517]

Bloomberg: *uploads this* Me: *grabs popcorn and heads straight for the comments*

[@shazmosushi]

1:56 The dude sounds exactly like Bloomberg reporter Ashley Vance

[@business]

@@chemicalfrankie1030 Oh, we get it.

[@will0ughby]

@@business who's "we"? You're a media associate for a news group working for a billionaire..

[@ludwig2345]

@@will0ughby They probably have a team working with youtube. Also companies always use "we" instead of "I" when communticating in this way.

[@fitrianhidayat]

@@will0ughby what, you think Bloomberg is a living entity? dude, there are people that works there, human beings...

[@strips2939]

As a Viennese, I am overly proud of my city. I can confirm that every information in this video is 100% correct, altho there can be some added to it: Most imporant info is that these social houses CAN be passed down to your kids and to the next generation of family members. There are different tiers of social housing available under the program. There are some older social buildings (Gemeindewohnungs) that still need renovation, because some are in very bad shape, but they are fixing a lot of them every year. Then there is the Smart living category which is mainly focused towards young families and single young professionals who are either about to enter the workforce or just did. These are typically the newly built social houses with a lot better living standard compared to the old ones. All of these are price capped by the city goverment and make living in Vienna a lot better and cheaper. The only downside that isn't mentioned in the video is the waiting time on these projects are HUGE and sometimes takes 2-5 years to get a chance for an apartment. That said, the project is intended even for middle class people, as the income requirement for the program is under 50,000 euros for 1 person or 72,000 euros for 2 persons AFTER TAX. This means that basically about 95% of Vienna qualifies for this project because probably the only ones who make more than this are successful businessmen and CEO's.

[@squeakycamp207]

It can be less than 2 years as well. In some other comments, some people said that they only waited a couple of months, the longest one was 5 years

[@strips2939]

@@squeakycamp207 yep true, that's why I said sometimes :)

[@iagovar2557]

Is there any written source that explains in detail how the system works, in english?

[@Praisethesunson]

​@@iagovar2557In English? No. Better study up on your German Kumpel

[@markielup3]

"radical idea" can u please stop acting like affordable housing should be a "controversial" topic

[@Nswix]

It's not. Government intervention is.

[@markielup3]

@@Nswix nothing radical about taking care of your country, its expected. Maybe not normalised, definitely expected.

[@Nswix]

@@markielup3 except everytime the government intervenes to 'fix' something, it usually makes it worse.

[@LincolnWorld]

@@Nswix Definitely when there are people in power that sabotage it because they don't believe in it.

[@kristoffer3000]

It is radical under capitalism.

[@sunrayz81]

Should do a clip on Singapore's public housing. About 80% of Singaporeans live in flats built by the Housing & Development Board (HDB). These flats are modern in design, spacious and very affordable.

[@kazansky22]

Singapore is the great economic miracle.

[@chorizo4920]

I don’t think you know enough about singapore to make these claims imo

[@MrCalls1]

@@chorizo4920 you’re half right, I thought it was around 95% since private development has been almost non existent since ww2. Singapore however is a less appealing model due to its authoritarian political process and otherwise poor wealth distribution, which are ways in which Austria are clearly superior.

[@theuglykwan]

That basically required govt seizure of land. Probably not practical unless somewhere is starting from scratch.

[@j4genius961]

@@kazansky22 I don't know if the world "miracle" applies here, if anything Singapore is a shiny example of what I call corporatocracy, big corporations owning everything and everyone, not very heavenly

[@Obscurai]

Note that at no point is there any mention of real estate speculators that cause spiraling prices.

[@S2Tubes]

It's simple supply and demand. There would be nothing to speculate on without demand vastly exceeding supply.

[@Mohnfisch]

@Vasamard • 120 years ago • 2M views Because they drive the land and housing prices up, leading to a necesseity of public housing in the first place.

[@Masterrunescapeer]

That's more outside of Vienna for upper middle class stuff (you are going to need to generally be that to afford property in a developed society) since everyone else will qualify for social housing after living in Vienna for 2 years. The other things is that you won't be checked for your income in social housing, it only applies when you move in, after that if your income goes up, doesn't matter. And we're talking around $52k yearly income for single and $75k for a couple before you're over the cap, so a majority of the population is shielded from it since the city won't be doing speculation and will cap what you can charge for stuff.

[@krombopulos_michael]

@@Mohnfisch Speculators don't drive housing prices up. They're a symptom, not a cause. They'll get into the market because they know housing is in short supply and prices will rise, but they will know that based on bad government policy that limits housing availability.

[@whoknew124]

ohh trust me when I say that prices over the past 15 years have x2,5 for housing prices. An apartment was bought for 130k in 2005 that is now 300k. it's getting crazy to the point I will never probably my own condo. Wages here are not that high since we have so many different goverment benifits

[@Switzerleando]

I lived in Vienna for almost 8 years, now I'm in Switzerland... and I can tell you that Austrians have the housing problem solved...

[@mambofornasa]

Honestly, for someone like me. Owning such an apartment such as these ones remains a pipe dream. WOnderful houses I must admit

[@mattf3761]

What lies in your way Timothy?

[@chriss1227]

Get a mortgage and pay it down. You'll have a nicer home within 10 years.

[@gaim44]

@@chriss1227 So simple..lol

[@will0ughby]

@@mattf3761 he's probably a realist haha

[@mattf3761]

@@will0ughby the only thing stopping anyone from doing anything is the fear of failure.

[@jimmy8mbb]

Any country also can achieve this IF the government is NOT in cahoot with developers

[@karld1791]

In the USA current homeowners push the government to block new homes and social like housing limiting supply pushing up the values of their own homes. It may not be thought out - homeowners know they hate all new building and their home value always goes up.

[@justSTUMBLEDupon]

Doesn’t even have to be in cahoots with them, they just don’t have a clue what to do to fix the situation and when they think of something, it’s more of the politics angle of “tax the rich” slogans instead of real plans that work

[@adoe2305]

Government is always in cahoots.

[@kelzuya]

Ireland has a housing crisis and suprise, suprise our politicians have constantly been found out to be in bed with developers.

[@anom3778]

Some places just have terrible people you really don't want to live that close to. I can't even stand being in a higher end apartment complex let alone affordable housing.

[@SkateSka]

I haven't travelled outside of the EU, but Vienna is the best city I've seen in person. The rest of the world can only learn how to be better by their example.

[@PresidentialWinner]

Austria, Switzerland, Taiwan, Singapore, South-Korea, Japan, New-Zealand, Norway, Finland and a couple of other places are the best places on Earth.

[@markonikolic7957]

@@PresidentialWinner Denmark, Iceland...

[@PresidentialWinner]

@@markonikolic7957 Yes, i didn't mention every country, just the ones I could come up with. Denmark and Iceland are absolutely up in the same category as the ones i mentioned. Maybe Canada as well?

[@timchikun]

except bike infrastructur haha

[@ligametis]

As a city I prefer Prague.

[@wickandde]

Wow, that is amazing. Well done Vienna. I hope the city planners and mayors of my country are watching because we're beginning to have housing issues in our 3 major cities. And this would be amazing.

[@obi3kenobi]

Where are you from? If you don't mind sharing.

[@wickandde]

@@obi3kenobi no worries, I'm from Auckland, New Zealand 🇳🇿

[@carrambacortez4951]

Trust me, this approach is very costly, although the costs are hidden, especially to the low income earners. The administration is as inefficient as everywhere else and this inefficiency is compensated by higher taxes. I'm personally fine with it, but I suspect not everyone would be.

[@wheelie642]

@@carrambacortez4951 You are smart while everyone else are sheep. When the government screws everyone by cause the inflation housing becomes unaffordable so they patch the problem making everyone live in the projects. Trust me when I say that anytime new project housing is built it is nice because it is the NEW build that is appealing. It’s not yet run down.

[@freagle1075]

@@wheelie642 In vienna it's not like "oh you live in the projects", it's just a normal option for housing that a lot of people live in, a lot of people love, and that is maintained well. I mean, most social housing here in vienna is 50 to even a hundred years old (im from vienna)

[@cakeisyummy5755]

Not letting people starve, Feeeze, And die outside due to the fact that their Rent/Mortgage payments are so high that they'll need like, 6 Jobs to Survive is NOT a Radical idea.

[@sumsarsiranen]

True, 100%, no lies detected.

[@cakeisyummy5755]

@@sumsarsiranen :D

[@dbzcell54]

Survival of the fittest. Stop expecting to be coddled, weakling

[@DMalltheway]

@@dbzcell54 There are many people who can’t afford a apartment.

[@kingkoi6542]

I find it funny that it's the government who've excaserbated the problem, now people are becoming even more dependent on the government. Also the public sector is funded by the private sector, so I'm sure you're quite proud taking wealth from those who earned it...

[@zibbitybibbitybop]

I was hoping they'd at least talk a little about how the city consistently finds the money for all of this. I wonder what their tax rates and policies are like, and how they make them work efficiently enough to be able to sustain this kind of intensive investment in construction and maintenance. In the meantime, even just fixing the broken zoning laws alone would lead to significant progress in the US on this front. If you make it too much of a nuisance to build at all, no one will bother, subsidies or no subsidies.

[@GameFuMaster]

i'd assume they're also not wasting the money, e.g. spending $16 million on tents for homeless.

[@alexitanguay]

@@GameFuMaster exactly, or a $650M election with the same expected results (Canada)

[@michaeld4861]

The US could pay for it easily if we just made the top 3 wealthiest pay a normal tax rate (instead of 0%). Or if we just took it out of the bloated military budget. You know we spend more than (i'm pretty sure) every other country on Earth combined! We definitely spend like 3 times more than China and also more than the top 11 countries combined (excluding the US obviously, since we spend the most).

[@nr4393]

When there's little to no corruption, there's money.

[@gtv6chuck]

@@michaeld4861 The top 5% of income earners in the US pay about 60% of all income tax. The bottom 50% pays 3%. In New York state, a state with 20 million people, 65,000 people pay 51% of the state income tax. Now what were you saying?

[@gb10110]

why is building affordable housing radical?

[@NoirpoolSea]

Upvote

[@aperture0]

Collaborative housing is tho

[@StevenKHarrison]

It is not radical except in a dystopian capitalist world. Like the one you probably live in.

[@hailexiao2770]

Because too much household wealth is locked up in housing. Cheap housing = lots of middle and upper middle class people losing a significant chunk of their paper wealth. IMO we need to shift household wealth from housing into industries that actually produce wealth, like manufacturing and tech.

[@mjstecyk]

@@hailexiao2770 My understanding of the Japanese model of housing is that housing is treated as a depreciating asset, meaning it steadily loses value over time, and most buildings only have about a 30 year lifespan. It might be hard to implement that in the western model but they have managed to avoid housing crisis that lots of western countries are experiencing. It probably also helps that their population isn't growing.

[@ChrisC-Pi]

If only I could have been involved in designing my apartment block, people would be able to play music and make noise in there homes and not disturb a single person because the walls, floors and ceilings would completely sound proofed.

[@mllenessmarie]

^ This! 👏 I cannot stress enough how important sound proofing is. Some older blocks of flats actually are pretty decent when it comes to any sound cancelling, but any new apartments - nope, you can hear everything. The poor design is one thing, but paper-like walls are just awful...

[@sirtrollalot7762]

flammable

[@rhalfik]

@@sirtrollalot7762 Not really.

[@pmurphy12]

Note that the people who design public housing generally don’t live in it.

[@ChrisC-Pi]

@@mllenessmarie so true, I wish I knew how to lobby politicians to create regulations so that sound proofing became mandatory on new builds, it's just as important as fire proofing a building in my opinion, constant noise nuisance is very damaging to people's mental health, maybe Austria can be the first in the world to do this and set an example to everyone else, I am pretty sure stats for how happy people are would go up in a country that did this.

[@tjs200]

Yea I really like how the system is set up, taking advantage of market forces by subsidizing private developers (people who have lifetimes of experience building things people actually want to live in) and then using competition to incentivize great design. Actually quite an elegant synthesis of socialism + capitalism. Like the best of both IMO

[@denisemayosky1955]

It is, but unfortunately, too many people here in the U.S. hear "socialism" and react the way Dracula reacts to sunlight. They see it as this horrible thing: the idea that everyone should be provided for so no one is going hungry or sleeping on the streets, or having the Hobson's choice of going into debt or living in pain or even dying because you can't afford healthcare. They've been taught that it's a "zero sum" game: in order for anyone else to get something, *you* have to *lose* something, so it encourages selfishness and greed.

[@Darkest_matter]

@Admiral Kipper the UK has something like that... Or we did, in the past and everyone was richer. Now we're more capitalist and there's less jobs, low wages and higher prices.

[@LMvdB02]

slightly steering market forces in a certain direction is not socialism

[@zesky6654]

@@LMvdB02 the program was created by the socialist ruling party.

[@davidlyday7373]

@@zesky6654 Socialism in America is a word usually defined by the state spending without collective ownership of the means of production. This socialist model is informed by right leaning democratic Socialists that still retain markets to fit within larger post cold war capitalist paradigms. However a definition that more accurately fits a left definition of socialism is the decommodification of industries thru the collective ownership and operation thru the state or people. This Vienna model clearly still utilizes market forces. I think the ability of residents inputting on the planning of there homes is ideal and the lack of negative racial and class stigmatization is crucial in its success. However I am skeptical that this model still might be to easily swayed by developers profiteering. In particular with expansion of the city rather then rebuilding in pre existing neighborhoods. Simultaneously I'm not as educated on there model and might be projecting my concerns with the US and other post industrial societies trending to have uncontrolled sprawl

[@KentPaul]

It’s not that affordable housing is a radical idea, it’s the concept of collaborative social housing, which works in countries where social trust is high. Won’t work in the USA where personal freedom is of the highest importance.

[@aperture0]

True. It won't be successful in majority of the countries. Who wants to live with neighbours lol?!

[@Sshooter444]

Yeah works in countries where the sheeple trade their freedom to government planners like Lenin and Stalin

[@CountingStars333]

Brainwashed trickle down economists are the only ones who shoot themselves in the foot while licking the boots of the ultra rich.

[@johnseppethe2nd2]

@@CountingStars333 this has nothing to do with trickle down economics

[@Smoke9922]

@@Sshooter444 those sheeple live a better live than a large chunk of the us population. guess everything that's benefitting the people must be socialistic or communist propaganda and must be destroyed. you should really overthink your world view if this what you take away from this video....

[@richiericher9084]

Bloomberg praising affordable community housing based on ideas of the squatter's movement and built buy the municipality? These are truly exciting times we live in

[@pedroSilesia]

yeah praising shared kitchen, thanks for that...

[@mauricio9564]

@@pedroSilesia They don’t share kitchens 🤦‍♂️,these houses share living space like apartments but each room has its own kitchen and so on.

[@hydrolifetech7911]

@@Wien1995 probably just a person living in a corporatocracy(yeah, that one) trying to make excuses for lack of affordable housing in that corporatocracy

[@CIARUNSITE]

@@hydrolifetech7911 Amazon owns 19% of commercial real estate in Seattle and their workers drive up the price of housing. They killed a tax that would have gone towards housing the homeless and then built a homeless shelter that occupies two floors in one of the buildings included in that 19%. This is what Americans prefer.

[@whoknew124]

@@pedroSilesia what false info are you spreading around. stop

[@AskMiko]

California’s governor just eliminated massive single family home zoning for this reason. Areas that have room for affordable housing and even median priced apts are blocked by zoning, thus making building more dwellings limited. Every city has affordable housing initiatives, but block apts, large condos, etc. Maybe this helps

[@ahmedzakikhan7639]

@High DDT middle class Americans should move to Appartments . Why should appartments be a social housing thing ?

[@Sshooter444]

Communism incoming

[@ahmedzakikhan7639]

@@Sshooter444 zoning is not capitalism.

[@ahmedzakikhan7639]

@@денисбаженов-щ1б have you been to Dubai ? Rich lives in luxury high-rise condos not only mansions.

[@megamillionfreak]

@@ahmedzakikhan7639 So is.

[@highrise3924]

Vienna is my dream city. I hope I can move there someday. It's just so absolutely beautiful, so stylish and filled to the brim with culture. If you live in Vienna, consider yourself among the luckiest people in the world. ❤

[@Kameliius]

I don't live in Vienna, I live on the rural country side of Austria, however, I'm only an 2 hour drive away from both Vienna in the one direction and Graz (2nd biggest city in Austria) in the other direction. Both cities are like a different world to what my little village is

[@freagle1075]

Hope you manage to get here someday :), I live in vienna and honestly wouldn't want to live anywhere else

[@highrise3924]

@@freagle1075 Thank you! I'm trying really hard, but I really wanna be worth it. I don't wanna just go there and expect things to fall on my lap. I hate when people migrate to other countries without making sure they're actually worthy of being a citizen there. Anyway 😂😂 thank you so much, you lucky person!!!

[@impaledloaf]

I do indeed consider myself very lucky to live here and I honestly wold not live anywhere else, or at least not permanently. That being said, being a native viennese, none of these things prevent me from also being very grumpy at every chance I get. It's just how we roll.

[@highrise3924]

@@impaledloaf Haha, that's what they say, right? That's okay, I'd love to be one of the grumpy people 😂

[@actontreadway1168]

One of the major keys they mentioned is that residents aren’t pushed out if they start to make more money than the threshold that made them eligible in the first place. This is one of the main factors in why these projects fail in the US and elsewhere; if a person becomes “too successful” they must leave, and therefore, they are disincentivized to work hard… or work at all. This maintains an impoverished population and ultimately grows it. It is often the engine for class stagnancy and entrenchment. Keep in mind that those who write these policies will ultimately lose their jobs if they’re SUCCESSFUL at them, as well.

[@Praisethesunson]

America has bad housing because their goal is profit maximizing for landowners. Housing people is a market externality they don't care to do.

[@cassandraralph5906]

This is something that the New Zealand government should be doing! Well done indeed to the Viennese government for their innovative and clever affordable housing projects!

[@joshsmyth130]

Agreed, better chance there than here in Australia, where the most corrupt and influential people are property developers.

[@countessmargoth469]

Cities are still building single use family homes with what land we have left whilst most households get bankrupt from paying rent. We need high density, multi use housing on a massive scale if we are to re-enfranchise the next generation.

[@zendragallhauser5056]

There is nothing innovative about that 😅 the government of Vienna is doing literally the same thing for the last 100 years Just google Red Vienna

[@kel8026]

Jacinda wants average house prices to reach ten million dollars, so everyone will be desperate enough to allow her to usher in a communist utopia of vaccinated, unemployed people who drive green-powered cars at 20km per hour with safety helmets on.

[@joshsmyth130]

@@kel8026 but a communist wouldn't have house prices at all, that's kinda the point.

[@marzigeisha]

The difference is valuing the humans, not hiding away those who need housing, making it for everyone and ensuring the quality is worthy of anyone. It removes stigma, entices all people and creates diverse community. Thank you. Also I prefer small spaces, large spaces now gross me out if they're not all used. If you've got rooms you don't use you don't need them. Same for material items. Things don't make us happy experiences and people do.

[@denisemayosky1955]

That first sentence both offers the solution as well as highlights the issue. People are just not valued as much as material things.

[@Praisethesunson]

​@@denisemayosky1955Our landlords own housing for profit. Filthy rabble having access to affordable public housing would reduces the profits that go to our lords of the land. Lowering profits for something as trivial as human welfare would be communism. Can't have that.

[@FredyeahEternal]

I love how hard they danced around the word "socialism" so hard, the "development during the 1920's" was due to socialdemocratic party taking office after WW1, "squatters and people wanting to live in solidarity" just means anarchists and socialists, and they didn't even mentioned Austria's biggest social housing unit, the Karl Marx Hof, lol

[@impaledloaf]

to be fair, they did at least show it.

[@ninjason57]

I had to double take and rewind when I saw that Karl Marx Hof!

[@KokoFixed]

US would never want to do this they'd rather let the people suffer

[@jamrollz]

Americans too proud to live in apartments

[@alimaher7234]

They would rather spend billions of USD in military weapons

[@Masterrunescapeer]

Wouldn't be too sure on it, it's basically the zoning laws that are messing it up, tbh I think once the suburbia crisis truly kicks in, you'll see cities clamor to build it. Elaborating on suburbia crisis, it costs a heck of a lot to build water, sewerage, maintain roads, etc. and maintain it, the cost of rates and stuff is not enough in most of the US to handle it, they are relying on constantly building more and more houses and once demand doesn't keep up anymore, it will come crashing down. Denser housing is very sustainable since infrastructure for ~10m will service (in my street) e.g. 8-16 apartments and the building has to sort out the last little bit there, and can do a short pipe per building across the road to sort out another 8. Density always has a limit though, heating something that's 10 stories is something completely different, and you get issues with e.g. lift. That's one of the reasons Vienna is only 4/5 stories for most of it (besides the rule that you may not exceed the height of the edge of the roof (not tower) of the Karlskirche (church)), think probably ~6 floors might be the most sustainable, but all depends on so many factors.

[@tylerbhumphries]

You’re so right. Sadly, we don’t know how to appreciate nice things and a lot us believe everyone should suffer because we had to. Remember when the student loan forgiveness started kicking in for some of us. One of the saddest moments of my life was reading hundreds of angry comments, complaining about people who are medically incapable of working/permanently disable getting their student loans forgiven. We’re such a sad country and every day, I feel like we fall further and further away from the ideas we were formed on.

[@devynclaybrooks5338]

@@jamrollz its the older Americans, I promise you. Anyone under 30 knows that suburbia is not sustainable. I’m 22 and there’s nothing I want more than to sell my car and live in a walkable city, but they are so few and far between in the US. Unless you can afford to live in San Fran, New York or DC, you are going to need a car to get around where you live. It sucks.

[@Nemanja314]

Yugoslavia did smth like that-great architecture, urban planning, public space and housing for all kind of people to live in harmony.

[@patrickwang671]

Many comments here are true marvels of intellect.

[@anotheranon3118]

I have an earbud stuck in my ear.

[@BoxingTrainingJourney]

What’s an ear?

[@daveycrocker4466]

@@BoxingTrainingJourney i love lamp.

[@HattieMcDanielonaMoon]

@@BoxingTrainingJourney corb

[@visionist7]

so they

[@PWingert1966]

Here in Toronto, 90% of condo units are for investment purposes. 10% are lived in and of that ten percent 9.5% are rented by their owners rather than a large corporate rental agency. We build less than 1% of the units as affordable and less than 1/10 of 1% are built as deeply affordable as low-income and social housing. In the last five years, we have built 100,000 units a year and in total less than one thousand of those, each year have been social housing. Less than one thousand have been affordable and none have been subsidized co-ops. But we need 3 million units of new housing in the next decade for immigrants who have no skills, English language or understanding of the Canadian work culture. It's expected that 95% of those 3 million will end up on social assistance on a repeated cycle making minimum wage and living in shelters because they will not be able to earn enough to afford $4000 a month rent for a 9 square meter basement apartment. It's likely the third-generation children of the immigrants will finally be able to have jobs and a place to live but that is 50 to 60 years from now.

[@saranshjoshi3167]

Affordable Housing is a radical idea according to Bloomberg

[@megamillionfreak]

Moscow, Minsk, Kiev, Belgrade, Bucharest, Warsaw, Pyongyang, Ho-chi Minh and Beijing have plenty of it. Go there.

[@piccolo917]

ah yes, the radical idea.... that's almost antique.

[@mikipav1064]

What do you mean?

[@georgy.design]

@@mikipav1064 I guess he meant that the idea depicted in old USSR architecture books

[@piccolo917]

@@mikipav1064 Red Vienna

[@salvatoremaglione6398]

@@georgy.design Slavery and dictatorship is also quite antique. The USSR did both of them too.

[@mmans8191]

This is what I call "Honest Capitalism". Everybody can have a better life with guaranteed education, healthcare, jobs, environment...This is a textbook way of life to learn from and put into practice for decades to come. Well done Austria! Hope one day to visit this clean and organized country.

[@mr_elyte]

xD

[@charlestonianbuilder344]

'but that communism! and communism bad!'

[@slouberiee]

More like "social democracy", but I know that US people are totally afraid of anything having "social" in the name/description. They think social/socialistic=communism (scared US noises).

[@Fantaztig]

@Some one yeah or the US

[@roa3432]

How would this be capitalism when the government is providing the housing? A more accurate description would be social democracy.

[@DoubleThinkTwice]

It's not radical at all; and it is not just an idea. Social housing has been here in Vienna since the 1930s, and it's a time-proven policy. The main thing to understand about social housing is that it isn't a sign of lower status, or shameful even. It's just how some people live. Yeah, it's cheap, but people are still paying rent for these, and they also have to wait for an extended period of time to get approval. There's several ways to get prioritized up though; up to the point where you will get an apartment pretty much instantly. When my mum became paraplegic, she had to find a new place to live in with her wheelchair. She applied for social housing and got an accessible apartment in the span of a month, because she would have had nowhere to live otherwise. That's where the social part comes from. Not status, but need.

[@chinguunerdenebadrakh7022]

Most people living in public housing IS a radical for much of the world. Public housing is seen as for lower income individuals in other countries. So Vienna's housing market is very unique and radical compared to the median.

[@gerryhouska2859]

Here, in AustRAlia, it is our many homeless who encourage the other wageslaves to ever greater efforts.

[@gerryhouska2859]

Bloodsucking parasite landlords rule!

[@denisemayosky1955]

That's similar to the U.S. I don't doubt the corporate powers-that-be think exactly that way.

[@mervinmarias9283]

It is wonderful what can be achieved when your country is not run by scam syndicates.

[@cronero]

Then you don't know our government they are all being sued at least the one at the top...:)

[@tuyenerotuyenero2202]

if you dont care about your debt you can found everything...

[@yoshimeier3060]

@@tuyenerotuyenero2202 Vienns is a rich city. Because people actually have money to spend in the city. Which makes the city money.

[@qazwsxqaz3163]

Такая конфигурация (форма) дома, была нарисована в книге 80-х годов "Твоя родина - Советский союз" . А именно, там где рассказывалось о Москве.

[@Duck-wc9de]

the social houses of vienna has more quality of and quality of life than downtown lisbon

[@MultiVigarista]

Parem de votar no PS e o problema fica resolvido

[@NoctLightCloud]

Austrian here - I can confirm that even when you're living alone and have net 1600€ per month left, you can afford your rent, gas, electr, water, and food and STILL you'll have a couple hundred euros left (mainly depending on how much you monthly spend on food).

[@M.Đ-z4u]

what if you have like 1200?putzen,putzen

[@NoctLightCloud]

@@M.Đ-z4u My mother was a Putzfrau before her retirement, 1100€/month. It was quite tough on that budget tbh.

[@fraquara7765]

Is 1600€ low for Austrian standards or is it near the mean ?

[@M.Đ-z4u]

@@fraquara7765 7 salaries in austria are low

[@NoctLightCloud]

@@fraquara7765 mean I would say

[@grumbeard]

Affordable housing works quite well...... if you build enough. We have a massive housing crisis in the Netherlands there aren't enough houses and it isn't becouse of natural population growth.

[@kaystephan2610]

We have to get back to the realization that living in cities is not some insane luxury for people who can afford to pay 5 figures per month on rent but instead it should be a self explanatory standard for every normal person having a job and normal income.

[@mattilahde5220]

I live in public housing in Helsinki. The house was built 1955 but it was completely renovated 5 years ago. It's a very nice 50m2 apartment 5 km from central next to a and I only pay 750€/month

[@HicSuntL3ones]

* Affordable Housing * Bloomberg: This sounds like communism

[@MrCalls1]

Yeah. They even tried to distract from public ownership, and rents linked to wages, and instead chose to focus on subsidies to private developers.

[@expented]

did you not hear? Austria is claimably the last "socialistic" country in Europe. I would probably be careful with throwing the word "communism" around though, without fully understanding it.

[@HicSuntL3ones]

@@expented I'm not throwing the word communism randomly, Bloomberg usually does lol

[@davidsilverfield835]

Agreed lol

[@youtubesucks1499]

We have affordable housing.... it's called SECTION 8.

[@joeblack4436]

I lived in apartments for a long time. The biggest factors that ultimately drove me away from it was noise, pollution and poor access to reasonably natural spaces. The most important things they do right here are the access to public transport and the ample park areas. Also the public maintenance of such buildings. Most cities delegate the upkeep of such buildings to a owner association of sorts which tends to be poorly funded - While this is ignoring the public savings brought about by having people willing to choose denser accommodation options. It doesn't take a very large building to replace the need for an entire single family home neighbourhood, along with all the public expense that entails. It's a little dishonest in some ways. A detrimental cycle, as such buildings inevitably become more decrepit through poor management over time. Wiping out much of their initial benefit. This while those cities happily spend serious public funds on large sprawling low density neighbourhoods. It's really destroying public capital over time. Most places where there is dense urban living options are also extremely busy. And, currently that means it's a 24/7 ICE car extravaganza. And, I don't care how attractive a building is when new. Under those conditions, in no time any place becomes a bit grotty. That greasy ICE soot. And, the noise is just horrible. I think as the electrification of transport progresses dense urban living options will become more attractive again. Cities in general will probably become more humane spaces. And, maybe if some of this model becomes adopted elsewhere - Doubly so.

[@jonathanjones3126]

Better mass transit is required for densely packed living areas. You can only squeeze so many cars on the roadway.

[@taterkaze9428]

"Social housing is a middle-class subsidy" - one simple idea that would solve most of America's housing crisis.

[@citizenfour9622]

*Wrong, as usual.* Define "housing crisis". There's a shortage of about 4m homes in the U.S., according to market demand. In other words, there's more people with cash to buy homes than are available on the market. Financing, zoning and permitting are all issues that play as well. And let's not forget that the states with highest level of homelessness are those that vote blue!

[@koketsok1513]

@@citizenfour9622 drink some water ,we all know you are an American relax

[@lethiebobby584]

@@citizenfour9622 you’re lost

[@JamesRoyceDawson]

@@citizenfour9622 There are enough houses in the nation, but not enough in the areas where people want to live (which happen to be blue states, funnily enough). Zoning is an issue, but so is land banking and speculation on the part of wealthy buyers who hoard the supply. Indeed, homelessness could be solved by seizing the vacant homes of millionaire investors, but as someone who's complaining about blue states, I imagine you wouldn't be too hype about that

[@citizenfour9622]

@@JamesRoyceDawson *Wrong again!* There has been an exodus from CA to NV and TX for the last four years. 1,200 New Yorkers moved to FL _every day_ in the last year alone! People in MA are moving in all directions. Blue States are losing their indentured tax slaves.

[@David_Cerkez]

everything is cheap in Vienna when you compare it to the salaries, sometimes it seems that it is cheaper (more affordable) than smaller cities in Austria with the same QoL features.

[@harrytheprince6951]

Being from Tyrol, where many things are more expensive, I agree. Also the salaries in Vienna are among the highest in the nation (second after Vorarlberg iirc)

[@whoknew124]

@@harrytheprince6951 Salzburg would like a word with you

[@RahulSharma-ur2jt]

Western Governments like to give more money to companies that in turn pay dividend or profit sharing (not with Employees). They think somehow the private sector that strictly for profit will solve the problems like Housing access, Healthcare, Education and transit. The fact is all our leaders wants is to enrich themselves and their cronies rather than spending directly for the benefit of the people directly. We have a housing crisis in Canada and building 2000 sq ft town homes and single homes will not solve the issue as they are unaffordable and increases household debts. It's a fact that it cost more to build and support these kinds of development. Denser housing is needed in many places and the special government body should be executing them to keep them affordable.

[@wsant2872]

Why is this radical? Singapore has been doing it for decades

[@michaelpatrick1243]

Red Vienna began after World War 1

[@oreganodealerlsog8630]

and vienna for 100 years

[@razjackson5825]

But not anywhere at the same rate or extent as in Singapore. Homeownership rate in Singapore: 94% Homeownership rate in Austria: 55% Even amongst the lowest 20% socio-economic households in Singapore (i.e. the 'poorest' 20%) the homeownership rate is 87%.

[@oreganodealerlsog8630]

@@razjackson5825 in vienna it is not our goal to increase homeownership. actuallly homeownership is very low inside the city and you can't take general numbers for the whole country as vienna is completely different in housing to the rest of austria. also vienna is relatively big eurpean city for such a small country as austria. I do not say that the singapore public housing project ist bad, I actually think that it is great, but you can't compare a south east asian city with an old european city.

[@490o]

It's radical from an American perspective

[@changedNameSorry]

I'll never understand why people did not push for something like Seestadt Aspern at Tempelhofer Feld in Berlin instead of having a big nothing in the middle of the city and high rents in the rest of the city.

[@djkasdjkasdjdjdj]

US zoning laws are politically ridiculous and disgusting, so much for 'land of opportunity'

[@megamillionfreak]

Nah, we just don’t need your noise, trash, drugs and crime.

[@Oldmanfnaf]

@@megamillionfreak Bc Cali is doing so great with it 1 milllion dollar boxes

[@mwatercress]

Why are construction costs so much more in Seattle and other areas in the USA? What is driving costs?

[@Sky_moondance]

Toronto need this desperately! Instead of overpriced condos and houses for the few. Doug Ford is selling off our city and it's about to collapse.

[@devynclaybrooks5338]

The US could never adopt this. We already have a shortage of homes here, and the zoning laws in most cities prevent these types of housing. So we would have to overcome policy change, NIMBYs, and the shortage of reliable public transportation in most cities first before we could even begin with these. Almost no cities in the US have subways, and those take years to complete. I can only see this working in cities in the US that are already somewhat on this track, furthering the divide between walkable and non walkable cities in the US

[@minath5607]

The city of Vienna bought a lot of prime real estate after WW1 when prices collapsed and has kept building social housing ever since. Replicating this with todays prices and being 100 years behind is going to be a hard, but you have to start somewhere.

[@devynclaybrooks5338]

@@minath5607 I’m not saying that they shouldn’t start somewhere, I just think it might be more of a damage control situation than an actual fix. I don’t know if they will be able to get where they actually want to be, given the “somewhere” many cities are starting from

[@ahmedzakikhan7639]

US cities are built for cars and single family homes.

[@jmlinden7]

@@minath5607 Because of immigration and urbanization, prices never collapse in the US. It's not like Europe where they lose half their population every century to war and end up with a bunch of empty houses that the government ends up buying

[@kristoffer3000]

There's no shortage of homes in the US, there's just a big surplus of dystopia.

[@taohu928]

Here in Rotterdam (Netherlands )we have waiting list of 300.000. A potential neighborhood had great potential to meet that demand, but they build 6 villas instead……

[@joen5000]

I heard a lecture about housing in Vienna in my country, and I was amazed that they most affordable houses in Europe. It's been calculated as how long you need to work in order to buy a house and it seems shortest in Austria.

[@valentinmitterbauer4196]

Can't speak for the big cities, but here on the austrian countryside it's standard for young couples to build (not buy, *build*) your own house right after marriage. I thought this was normal until i came into contact with internet culture (youtube videos and jokes about the american housing crysis)

[@sevinchahmed3920]

Depends where in Austria, Vienna, Tirol and Vorarlberg are quite expensive. In average it takes 20-30 years to pay out a property in Vienna and this is when you are not low earner. Currently 45m2 new build with taxes is around 300k eur in Vienna , some districts 400k.

[@impaledloaf]

@@sevinchahmed3920 And those are the cheaper ones in the "bad" districts by viennese standards. I've seen 80sqm flats in decent areas for more than 700k, and those aren't even the high-end-ones yet.

[@nifapz9596]

@@sevinchahmed3920 Paris is between 11 k euros and 15k euros per m2.

[@flyingaviator8158]

As a vienna born person; Yes there are a lot of this projects in the corners of the city. But also problems. The old districts are mainly unaffordable as a low to mid earner. For example the first district (in the center) only a view old people actually left living there. Most houses are owned by not residency (russians) or big shopping brands. The old rent contracts are on purpose closed so the owner can rent it for a new horrendous price after reconstruction.

[@geroutathat]

Italy tried shared living, it failed and turned into a ghetto. A lot of cities tried it in the past and ended up calling them tenaments and tearing them down. Every city has problems and the solution is to oversupply. Most citites will actually stop you from oversupplying. If I flew to San Fran with 50 billion and said I was going to make 150,000 apartments in a year, and I would supply them to the city for half the current rent price, and I would keep doing it until 5% of the apartments were empty and people were roating through them as they moved from different parts of the city. They would refuse me planning permission.

[@ninjason57]

Shared living only works if everyone contributes equally. There will always be people who contribute more than others. When you put that scenario into a small environment it only amplifies the discrepancy which will eventually lead to the idea's downfall. Because the ones who are unhappy with the discrepancy and can afford to live in better conditions will leave for higher quality leaving the low contributors behind which will turn that social housing into a dump.

[@florian8599]

Meanwhile, Germany is kicking itself for dropping the ball by privatization. And Berlin, during the last election, passed a nonbinding referendum calling for deprivatization through confiscation.

[@JaredCzaia]

The reason other places don't have this is because many have deeply internalized the idea that those who cannot thrive in a capitalist system are in some way incompetent and therefore their input shouldn't be taken into consideration when designing their own housing. However, we've had enough failed housing projects to learn what types of housing contribute to unhealthy and criminal lifestyles. At some point just through trial and error we hopefully give this model a try. It's not a guarantee it will work but at least its shown some success here.

[@megamillionfreak]

They “deeply internalized” that idea because of its obvious validity. Shocking, I know.

[@JaredCzaia]

@@megamillionfreak So... are laid off coal miners and factory workers obviously incompetent as well and should we similarly reject their input?

[@exetrius2918]

Maybe not the best title, but nothing short of a fantastic video! Never did I take actual, physical, notes while watching a video for leasure and curiousity, until now!

[@septicguns7017]

Before you say "ah man, I wish *country* had this, that be great!" Just remember Vienna is two million people, and your country is probably exponentially larger in scale, aka extremely high building costs

[@emerconghaile4902]

I hope that one day, in the not too distant future, we will see for-profit housing as a radical idea

[@MrWhangdoodles]

Never gonna happen. Once something is seen as an asset it will never change, unless it is deemed too speculative. Land will never go out of fashion

[@pattharvey]

That's called communism

[@har5814]

Vienna looks so beautiful. I wish to come there someday.

[@MumbiYamba]

IKR, really beautiful city

[@therealkruki]

There are some minor mistakes in the video. I am living in the house with the beautiful painting on it (7:06, yeah - really strange coincidence). Most buildings in this neighborhood are not subsidised by the government. In fact this is on of the richer neighbourhoods of vienna where most of the housing is private. They could have filmed this in other way "poorer" neightbourhoods to display their content.

[@artemvalkyrie7451]

Isn't the problem of housing created by rich people that buy all new housing even though they don't plan to live in them or even rent it? maybe we just need some reform that would stop rich people from buying everything up.

[@melissagorgeous16]

I'd love to visit this beautiful city.

[@CausticLemons7]

This helps highlight the contradiction in our economies. On the one hand people need shelter and a place to live, but on the other hand real estate is an investment and everybody wants profit. This video makes it seem like we need a comprehensive approach that encompasses many aspects of modern life and not simply the building you live in.

[@russell7054]

its an unproductive investment and largely a ponzi - it also in part is a transfer of wealth from poor (rentiers; and now middle class) to rich (landlords); and expecting growth in prices also tantamount to stealing from the next generation. high rents and rates also destroy small/medium companies regularly, which is largest employers of most western countries.

[@addysaw]

Why is showing someone living a "comfortable lifestyle" always coupled and associated with holding a glass of wine?

[@worldchangingvideos6253]

Winos

[@m.c.a.2699]

TRUEE show me someone wholly invested in a book i dont know

[@countessmargoth469]

True. I drink wine in squalor and grandeur with equal vigor.

[@makobrkic1988]

Bravo Vienna! This is such a great approach to urban planning and developing a city. Human scale buildings, roads, city, life.

[@sharonmc5192]

I look around London now with it's gentrification fully on the march for some years now... and it's just building site after building site for boxy copycat apartments at ludicrous eye watering price tags. How anyone can realistically afford them is beyond me?! Not everyone has an income of 80-100K a year to mortgage these places? I can see loads of them lying empty in years to come. It amazes me that after the war, 80% of the UK population lived in genuinely affordable council housing which was built at scale to accommodate those who'd lost their homes in WW2. It was almost expected that you left home and got a council house for life (as my Granny and Auntie did) Fast forward to now, and so called "affordable housing" is scarce or not actually affordable at all for those on lower or even middle class incomes (well unless you go North). The UK is so broken and I wish the Gov would learn from places like Austria. Seems a much nicer way of life.

[@GKP999]

Singapore has an amazing public housing program. About 80% people live in public housing.

[@coopsnz1]

it not home owership the government own 90% land in singapore

[@GKP999]

@@coopsnz1 Regardless, at least the majority of people have a decent home to live in unlike many other countries where there are so many homeless people.

[@NooneStaar]

A car should be a luxury, not a necessity. If you live in the city or suburb then a car should just be something if you want one and can afford it, I can understand it being a necessity for people who live in rural areas. It's interesting to see how Vienna uses subsides as well as market competition for housing.

[@ykc6754]

It’s hilarious the western society thinks this is radical. Singapore has been doing it since independence.

[@theplayisoverapplaud176]

So? It's radical for the west. dumbarse

[@g.f.martianshipyards9328]

Can what has been considered standard policy for almost a century now really be considered "radical"?

[@andro7862]

@@theplayisoverapplaud176 Is literacy radical for Africa? Is electricity radical for Cambodia? What are universal values cannot be considered radical, but must be a common goal for everyone involved in society.

[@sm3675]

@@andro7862 yes 100%. Some people should realize that we do not live in a common world. We share different ideas, share difference cultures, different values. We learn from eachother.

[@jasonpark1556]

Not just the west but the east too. Especially China, which is even worse than the U.S.

[@NardoVogt]

1920s Red Vienna still working today ... another reason why rifts in ideology should never exclude ideas the ideologies had or have.

[@tiro0oO5]

This is the answer to the question : „why should we do xyz (insert energy saving, renewables, etc.), if some other person does not do it?“ … because you become a rolemodel like vienna in affordable housing. This is something others want to copy

[@xr1747]

Definitely a radical idea since Singapore only did this since like the 1960s and only 95% of people live in public housing in Singapore

[@stekra3159]

I can say that Singapore is one of the only places that I grant has this more figerd out then vienna

[@aha9898]

I wish they implement the same model in the Netherlands.

[@bastiaan4129]

As long as the VVD has control of the Netherlands, housing will only be for VVD voters i.e. the rich.

[@aha9898]

@@bastiaan4129 that is absolutely true.

[@0799qwertzuiop]

@@bastiaan4129 In Austria the equivalent of the VVD has been leading the government for many years. It's not like the Netherlands aren't a great place to live. Infrastructure, public services and social security are great in both places.

[@bastiaan4129]

@@0799qwertzuiop Their Austrian counterparts are probably a lot less evil. Over here social security has been broken down and public services have been sold off or stripped of funding, all for the sole benefit of enriching the VVD voters.

[@stekra3159]

@@bastiaan4129 Oh dont worry the ÖVP and FPÖ are just as gargling corrupt fascist shitlords as the VVD. Lucky they have nothing to say about Vienna the City has always been socialist since the 50s. And only recently did they have to have a coalition with the greens. And since most viennes know the benfitst it is likely to stay that way.

[@hdaviator9181]

Key word here "Building". Cities in America, particularly in California, make it so difficult to build with regulation and red tape, that the only thing people build is luxury apartments, otherwise, it isn't worth building anything.

[@sidk9231]

It's all about subsidies that are putting the magic, rest is an ideal city planning concept and implementation.

[@JadendayZero]

Unfortunately its not only the lack of policy but the people themselves too. Because a lot of people associate affordable housing = poor people who will vandalize, do drugs etc. no one wants to allow such buildings near their neighborhoods. This is what's happening in Cali.

[@reignmkr64]

Is issue in the US is culture: The "American Dream" of home ownership, "Not-in-my-backyard" and subsidized housing has become a pejorative. I can see certain places like Vancouver, Canada adopting something similar. It could work in cities like NYC, SF and Seattle if the design quality is there.

[@jasonsiervo3985]

If only politicians here in the Philippines will take inspiration in this kind of system. Or even just care if people can afford homes especially in Manila.

[@katherinesoriano6479]

I feel you bro.

[@majorfallacy5926]

The problem is that it's not easily adoptable. The reason it works so well in vienna is that it has worked for a hundred years already. The city owns a lot of land it can give away cheaply, the housing department has a very steady income, giving them access to cheap credit, and there is a long standing tradition of housing coops. If you adopted similar policies as vienna now, you'd see results in maybe 20 or 30 years - far beyond the timespan any self respecting career politician plans ahead

[@stekra3159]

@@majorfallacy5926 We did not realy palan ahed ether we had the same guys in charge for all this time

[@OrangenTee108]

Seeing the Bus line 66a in the end😂 feels great as I take it twice a day. Great video. Greetings from Vienna

[@MumbiYamba]

You have a beautiful city ..wish to visit one day

[@matefejer2233]

Watching this video from Budapest makes me wanna cry. The answer of our government to the housing crisis is so flawed... They should have just travelled 3 hours to get a much better example.

[@gottfriedmaurer2654]

It's not affordable. They may be cheaper to build but it's still as expensive. I am paying for one bedroom, living room with kitchen, bathroom and toilette 860€. I'm just making 1500 a month

[@gottfriedmaurer2654]

Specially the buildings at the end. They are in Alterlaa in the 23rd District, a really bad neighborhood and an appartment there costs between 1500-3000€

[@MizGizma]

There is zero reason that this isn't true in the US. We have HUGE expanses of available land. We have vast forests and other raw materials. Instead of utilizing them we have human beings sleeping in tents on sidewalks. Why? Because some people are so miserly that they can not stand the idea of someone getting something that they didn't ... even to the point of ignoring all the things they DID get.

[@MajinXarris]

Having a background in construction I get to find pretty much anywhere I go that the people who have ideas about it(how to make it affordable etc) are the kinds of people that have not spend A MINUTE on a real construction site. It baffles me how can one talk about something that they know NOTHING about.

[@plum_pie6402]

truly baffles the mind that you are commenting on something you know nothing about

[@MajinXarris]

@@Oberkommando well flats are not "houses" therefore the radical idea on affordable housing is referring to flats.

[@Oberkommando]

@@MajinXarris when is the last time you have seen a single family home INSIDE a densely populated city? Does downtown Philly or NYC have single family homes right next to central squares, skyscrapers and metro lines? Are there single family homes right underneath the Eiffel Tower? I think you are forgetting that most of these apartments are in the middle of a capital city and not in some remote suburb 50 miles from the city center where there would be enough land. And btw on the outskirts of Vienna the city has divided massive portions of land into small parcels which can be bought for 100 years (basically its like paying rent but you can do and build whatever the heck you want on them for 100 years like as if you owned that place) Those parcels are littered with small single family homes or some people just use them as a garden.

[@MegaHater93]

@@MajinXarris because space is limited and you need to reach a certain density for public transport etc. to work. And honestly I would rather live in a 20th century viennese flat than in a Texan plywood house with uninsulated pipes and an electricity grid that makes Dehli look like the future.

[@AUniqueHandleName444]

@@MegaHater93 Homes like that basically don't exist anymore, though. At least not in Texas. I hear in NZ they're fairly common.

[@dennissalisbury496]

Vienna should mentor/partner with other cities to assist them with implementing the same business model worldwide.

[@julielabelle2783]

Thank you for sharing and great effort. Unfortunately, social housing is corrupted. Here in Canada, they make fortune out of government ( tax payers) money and offer minimum service. They always expand though, as the service shrink. Maybe you have a better way, but it's not the case here.

[@ninjason57]

This is the unfortunate truth that people in the comments seem to want to hear.

[@ilhamrj2599]

I think the most successful Public Housing project since Soviet era is Singapore Housing Development Board (HDB)

[@whoknew124]

this has been going on since the 1920's in Vienna. This has been going on for so long it's aged very well

[@danielmarreviews3947]

Toronto and Canada in general can learn a LOT from this!

[@TheArtOfJerry]

Cheap public housing is a must. Also build houses to help homeless. To help the needy to get stable jobs. Teaching the needy new skills, equipping them for new jobs.

[@freakfehler]

Thats what vienna is doing, at least to some extend, there are some city founded buildings and help organisations for homeless people and if you loose your job you get unemployment benifits (liveable, though they have been cut quite badly in the last few years) and can (sometimes must) take courses to better get a job (while still receiving benefits), it's still far from perfect and I tend to complain about them quite a bit, but compared to other places it's still great

[@Sshooter444]

Volunteer to raise your taxes to 80%!

[@stekra3159]

@@Sshooter444 Its only 55 proscent top earners curntly