
Unaffordable Housing
Economic Update with Richard D. Wolff
00:00
Is There Anything Going on in the United States That Could Help?
Housing is an ongoing problem, and it's a problem that we haven't been able to find a solution for. One of the most successful housing stories in the modern world is the story of vienna, austria where half of the housing in that city is public. Because of the enormous power of the public, they shape the rents. And body can get because everybody has an option to go to a public housing. You cannot be charged for rent more than between 20 and 25 % of your income, and that is not violated.
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