Vienna has been declared a renters' utopia and it's easy to see why | Justin Kadi
Briefly

Vienna's housing model is a benchmark for successful social policies, featuring a substantial social housing stock that constitutes 43% of the city's one million units. This setup includes both municipally owned council housing and limited-profit housing associations, catering to a wide income range from low to upper-middle-class households. Rent levels in the social housing sector are approximately 30% lower than those in the private rental market. The municipal socialism roots of this sector trace back to the 1920s, and current financing partly comes from a 1% salary levy on employees in Vienna.
Vienna's social housing framework represents a significant portion of its housing market, with 43% of units classified as social housing, providing affordable options across income levels.
Rent levels in Vienna’s social housing sector are about 30% lower than in the private rental market, with increased housing quality, particularly in limited-profit housing.
Read at www.theguardian.com
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