Social housing — housing built for limited or no profit, often with government support — came to account for huge portions of the housing market in many Western European countries following World War II, but its prominence has declined since the 1980s, when many governments began to shift their housing investments away from construction and toward direct financial support for renters. This shift is arguably one cause of the housing affordability crisis many cities find themselves in today, but in the face of opposing trends, two cities stand out for maintaining and even growing their social housing stock: Vienna and Helsinki. In this episode, Justin Kadi shares the history, policies, and politics that have contributed to the “remarkable stability” of these two cities’ social housing programs, and offers an incredible overview of how social housing is planned, financed, built, and operated in the places it’s been most successful.
A brief history of “Red Vienna,” a product of the political victory of the Social Democratic Party in the early 1900s which led to tax reform and heavy public investment in housing.
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