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Check out our advertising sponsor, The Economist, and get access to global coverage at an exclusive 35% discount at https://economist.com/moneymacro Recommended follow-up artiles: 1. Vienna’s social housing, lauded by progressives, pushes out the poor - https://www.economist.com/europe/2024/08/01/viennas-social-housing-lauded-by-progressives-pushes-out-the-poor 2. Britain’s social housing subsidises the wrong people - https://www.economist.com/britain/2026/07/09/britains-social-housing-subsidises-the-wrong-people 3. The world’s most, and least, liveable cities in 2026 - https://www.economist.com/graphic-detail/2026/07/06/the-worlds-most-and-least-liveable-cities-in-2026 If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS? △ https://school.moneymacro.net/p/industrial-policy-masterclass LIKE CHATTING ECON WITH ME? △ Follow me on Twitter: https://twitter.com/joerischasfoort △ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/ △ I have a private Discord server for Senior and Chief economist Patrons / members. SOURCES: 1. https://www.google.com/maps/dir/Viena,+Austria/Shopping+center+Alterlaa,+Anton-Baumgartner-Stra%C3%9Fe+44,+1230+Wien,+Austria/@48.1792913,16.3019198,13z/data=!3m1!4b1!4m14!4m13!1m5!1m1!1s0x476d079e5136ca9f:0xfdc2e58a51a25b46!2m2!1d16.3713095!2d48.2080696!1m5!1m1!1s0x476da88cba6ac27d:0x3aa583102840295!2m2!1d16.3149441!2d48.1513759!3e3?entry=ttu&g_ep=EgoyMDI2MDkwMi4wIKXMDSoASAFQAw%3D%3D 2. https://archive.is/EIm33 3. https://www.zillow.com/apartments/jamaica-ny/the-monarch/CqWR4H/ 4. https://renthunter.nl/rent/amsterdam/apartment/?temp_bounds=%7B%22type%22%3A%22Polygon%22%2C%22coordinates%22%3A%5B%5B%5B4.854909251233607%2C52.32191959542331%5D%2C%5B4.891001046219685%2C52.32191959542331%5D%2C%5B4.891001046219685%2C52.35380181705531%5D%2C%5B4.854909251233607%2C52.35380181705531%5D%2C%5B4.854909251233607%2C52.32191959542331%5D%5D%5D%7D 5. https://www.rightmove.co.uk/property-to-rent/map.html?minBedrooms=2&propertyTypes=flat&maxBedrooms=2&sortType=6&areaSizeUnit=sqft&viewType=MAP&channel=RENT&index=0&locationIdentifier=REGION%5E93917&numberOfPropertiesPerPage=95&transactionType=LETTING&displayLocationIdentifier=undefined 6. https://www.euronews.com/business/2025/07/22/can-you-afford-to-live-here-europes-cities-ranked-by-rent-to-salary-ratio 7. https://www.economist.com/graphic-detail/2025/06/16/the-worlds-most-liveable-cities-in-2025 8. https://www.housingeurope.eu/wp-content/uploads/2024/11/Publication%202019%20for%20WEB.pdf 9. https://www.tandfonline.com/doi/epdf/10.1080/13604813.2022.2054221?needAccess=true 10. https://www.geschichtewiki.wien.gv.at/Bodenpolitik 11. https://www.aei.org/wp-content/uploads/2023/09/Setting-the-record-straight-on-the-Vienna-Social-Housing-Model-final.pdf?x68881 12. https://socialhousing.wien/city-profile/history 13. https://www.geschichtewiki.wien.gv.at/Wohnbausteuer 14. https://www.nytimes.com/2023/05/23/magazine/vienna-social-housing.html 15. https://archive.ph/o/ehM9c/https://www.statistik.at/fileadmin/announcement/2022/11/20221115WohnbautaetigkeitWohnungsbestandsfortschreibung2021EN.pdf 16. https://www.slowboring.com/p/what-can-we-really-learn-about-housing 17. https://www.iza.org/publications/dp/11527/can-public-housing-decrease-segregation-lessons-and-challenges-from-non-european-immigration-in-france Timestamps: 00:00 Vienna’s housing miracle 02:23 how public housing took over 07:31 is it really a renters’ paradise? 11:39 can Vienna’s model solve the housing crisis? Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive for access to their archival footage. Stock footage and others clips by Getty Written and researched by Dr. Joeri Schasfoort and Dr. Alejandro Iribas De La Puerta Edited by Natalia Karpacz

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