Part of the reason Schranz’s apartment is so affordable is simple: it’s owned by the city. In Vienna, that is (almost) the norm. The landlord of approximately 220,000 socially rented apartments, it is the largest home-owning city in Europe (in London, which has more than 800,000 socially rented apartments, they are owned by the local councils)

  • @A_Toasty_Strudel
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    1310 months ago

    Not when there’s “passive income” to be made!

    • @[email protected]
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      810 months ago

      The more I think about landlording the more perverse it seems. It’s right up there with for-profit prisons and hospitals.

      • @grue
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        610 months ago

        And thus a Georgist was born.