Austria's residential building: Success model for affordable living space!

Austria's residential building: Success model for affordable living space!

Austrian housing policy is increasingly becoming international attention. According to ots is the system of non-profit construction associations (GBV), which is considered both in Austria as well as abroad finds. Over 180 non -profit construction associations manage more than a million apartments, 660,000 of which are classified as non -profit. These organizations cover 41 percent of all Austrian rental apartments and offer living space for around two million people, which makes up for around 22 percent of the total population.

The principles of the GBV are based on the non -profit wealth dedication and contain cost -covering investments and generation compensation. An important feature is the price -regulating effect of the model, which enables the population to save around 1.3 billion euros annually. EU Commissioner Dan Jørgensen also plans to provide funds for affordable living space, which further reinforces the relevance of this discussion.

Advantages of non -profit building associations

The discussion about the affordability of apartments is also heated by rising rents. Experts emphasize the advantages of non -profit construction associations, in particular their ability to offer affordable and quality living space for broad population groups. The chairman of the association of non -profit construction associations, Klaus Baringer, emphasizes that these developers are subject to the cost recovery principle, in contrast to commercial builders, where high profit margins are on rental prices. Tenants only pay the costs that actually result from the production and management of the property.

In addition, apartments with already teased financing loans are affected by a rent restriction that is regulated by the housing community law (WGG). This ensures that rents remain affordable for the tenants. However, experts warn of excessive regulations, especially in countries such as Denmark, and underline the need to further develop the system in order to counteract the challenges of increasing construction costs and interest developments.

international context and challenges

The Austrian model of the non -profit housing industry is now also taken over in Germany and thus shows its international charisma. The GBV are considered stabilizing factors on the housing market. Nevertheless, there are challenges such as the area sealing and the need for cheap -interest loans from international sources to implement the construction projects.

The support of programs such as "Housing First", which are supported by 80 GBV, shows the efforts to actively combat homelessness and promote sustainable housing. In view of these framework conditions, the industry for the further development of the market is called up in order to be able to ensure living space that can be affordable in the future. Further information about the system of housing community is found in a detailed analysis that deals with the principles and regulations of the GBV here .