... in recent years, Vienna has become renowned among housing experts for its model of social housing, which provides heavily subsidized rental units to more than half of the city's two million residents.
And the rent from those units helps power €400 million ($626 million) in new construction annually, amounting to more than 12,000 units built or refurbished every year, according to the city.
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 — and are begging governments to continue investing aggressively in such programs.
Could something similar ever come to Canada? ...
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