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Austria Took the Stigma Out of Social Housing. Here's What Canada Could Learn

Summary by CBC News
While Europe struggles with similar trends to Canada of rising rents and skyrocketing home prices, experts say social housing models like Austria’s are among the best defence against a growing affordability crisis.

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"Real estate, a European crisis". Thanks to an active municipal policy, almost half of the housing units in the Austrian capital are subsidized. A system effectively containing the increase in rents and excesses of Airbnb.

·Paris, France
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The Karl-Marx-Hof, a vast set of social housing built in the 1920s, in the Heiligenstadt district of Vienna, on 28 November 2018. JOE KLAMAR/AFP Rent 70 square meters with terrace and parking space in the new building of a green area in the heart of Vienna, for 1,500 euros included charges ? This announcement, published in early June on an Austrian real estate site, would make any Parisian dream. But in the Austrian capital, considered a paradis…

This spacious 3-room apartment in a central location on the edge of the 1st district in Vienna offers not only an excellent condition and new windows, but also the possibility to realize the dream of urban life. Immerse yourself in the lively city life with cafes, parks and restaurants right in front of the door! The ring and the Votivkirche can be reached within a few minutes. On the other hand, there is also the option for short-term rentals a…

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reedb.at broke the news in on Friday, June 20, 2025.
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