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Gordon J Holtslander
Gordon J Holtslander
@pinhman@mstdn.ca  ·  activity timestamp 2 weeks ago

"Vienna did three things that Vancouver refuses to do:

They took land speculation off the table. Between 1919 and 1934 the city taxed the daylights out of large landowners, bought huge tracts at pre-boom prices, and has never sold them back. Today, the City of Vienna owns enough land to house another 400,000 people without touching a single private parcel.

They invented the limited-profit housing association (Gemeinnützige Bauvereinigungen). These entities can borrow at municipal bond rates, pay no dividend above a capped 3–4 %, and are required to recycle every euro of profit into new units. Most developers build non market housing, not market housing.

They kept the heights humane.

we could have built thousands of non-market homes by now without a single 20-storey tower."

Canadian conservatives shouting about housing and cost of living dismiss Vienna's 100 years of success as bureaucracy planning and regulation.<- its speculation, weath ..

#cdnpoli #housing #HousingCrisis
https://in-sights.ca/2025/12/16/lessons-from-vienna-rethinking-vancouvers-housing-affordability/

http://in-sights.ca

Lessons from Vienna: Rethinking Vancouver’s Housing Affordability

Professor Patrick Condon compares Vancouver’s adverse housing policies to the highly successful public housing projects in Vienna.
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