And, on the other side of the road, you can catch a glimpse of a sprawling brick building against the sunset: El Ruedo.
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On one side of the M-30, you can see the Pirulí: a TV tower from the 1970s. In Madrid, the lights shine on the river of vehicles that crosses the highway every afternoon. It’s one of the iconic buildings that defined the ‘Red Vienna’ period. One of the facades of the Karl-Marx-Hof, inaugurated in 1930. If Schubert were to move, the apartment would once again be managed by the City Council of Vienna. Her grandmother also lived in the property, which has been in the hands of her family for more than three decades. Schubert has lived in this apartment - which overlooks the Danube River and is very close to the historic city center - for 16 years. To be a beneficiary of public housing, you must pass an admission process that can last up to two years.
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If someone has problems with, they wouldn’t stand a chance in the free market,” she jokes. “In the gemeindebau, they try to keep the inhabitants in the flats. She explains that, despite high inflation - which stood at around 8.5% in Austria in 2022 - neither she nor her friends (nor the majority of Viennese) have been forced to leave their homes for more affordable ones in the face of a rampant rise in rent. Schubert invests around 25% of her income into housing. “Thanks to this, I’ve had more opportunities,” she notes. Her rent is about €450 ($500) a month, without utilities. Schubert works as a German and French teacher at a secondary school in this city of 1.8 million inhabitants. They reside either in one of the 220,000 municipal homes, or in one of the 200,000 apartments built by cooperatives that have received public subsidies, according to statistics from the local government. Like her, around 50% of Viennese enjoy subsidized rent. “Here, it’s called a gemeindebau (community building),” she explains. At only €8.66 per square meter (or about $1 per square foot), this contrasts dramatically with the residential rental prices in cities such as Paris, London, Barcelona or Munich, where prices per square foot are more than double.īarbara Schubert, 38, lives in one of these publicly owned apartments. As a result, the rental market in the Austrian capital is one of the most affordable in Europe, according to the annual housing index put out by Deloitte. Today, the Viennese municipal government is currently the largest owner of housing in Austria.
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The municipal administration provided the city with a series of publicly-owned flats. The period known as “Red Vienna,” during which the social democrats ran the city, lasted until 1934, although its influence still endures. This urban planning strategy was developed after the triumph of the Social Democratic Workers’ Party in the 1918 local elections. This imposing structure - which consists of 1,275 apartments, inaugurated in 1930 - is the epitome of the municipal housing program of the Austrian capital, which began to take shape in 1919. 0.36/min.A light drizzle has emptied the balconies of the Karl-Marx-Hof in Vienna.
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