rekabis , 7 months ago

Apartments can either be owned by families that upgraded to a house, and are now renting it out, or it can go full social housing where it follows the same model as Vienna, for example.

You need administration to manage an apartment or any physically combined housing, but nothing says that the building itself or the underlying land needs to be owned by a corporation. In fact, true social housing is “owned” by the people, the rent you pay is just for upkeep and to pay off a very long term cost-of-construction bill. Some families in Vienna’s social housing pay less than 20% of their income on rent. You get in young enough, and you’re paying a pittance by the time you retire.