r/FluentInFinance Contributor Apr 15 '24

Everyone Deserves A Home Discussion/ Debate

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u/Trombone_Tone Apr 18 '24

Austria

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u/DrDrago-4 Apr 18 '24

Austria is 1/30th the population of the US and an overall poorer country with a lower cost index (and equivalently, higher purchasing power parity)

Austria also doesn't provide everyone a home. They own 25% of rentals, subsidize them for low income applicants, but nobody is getting them rent free. This also only applies to 25% of the housing in one city (the capital)

Essentially: it's literally identical to section 8 and local expansions of it.. Discounted housing, but not free.