This is very interesting article, in my opinion. I would imagine that most in this group would tackle things differently than Vienna, but the reality is that there are some very strong alignments, such as understanding that affordability is a supply-driven situation and that we need more development in many markets. For example:
????????????????ℎ???????? ???????????? ???????????????????????????????????????? ???????? ????ℎ???? ????????????...This is very interesting article, in my opinion. I would imagine that most in this group would tackle things differently than Vienna, but the reality is that there are some very strong alignments, such as understanding that affordability is a supply-driven situation and that we need more development in many markets. For example:
????????????????ℎ???????? ???????????? ???????????????????????????????????????? ???????? ????ℎ???? ???????????? ???????????????????????? ????ℎ???????????????????? ???????? ???????????????????? ???????????? ???????????????????????? ℎ???????????????????????? ????????????????????????. ???????????????? ???????? ???????? ???????????????? ???????????????? ???????????????????????????????????????????? ????????????????????????????????????????????????, ????ℎ???????????????????? ???????? ????ℎ???? ???????? ???????? ???????????????????????? ???????????????? ???????? ???????????????????????????????? ???????????????????????????????????????????? ???????????????????????????????????? ????ℎ????????????????ℎ ????????????????ℎ???????????? ???????????? ℎ???????????????????????? ???????????????????????????? ????????ℎ????????????????. ???????? ????????ℎ???????? ????????????????????, ???????????????????????? ???????????????????????????? ???????? ???????????????????????? ????ℎ???????????????????? ????ℎ???? ???????? ???????????????????????????? ???????? ????????????????????????. “????’???? ???????????????? ???????????????????????????? ???????? ???????? ???? ???????????????????????????????????????????? ???????? ℎ???????? ????????????ℎ ????ℎ???? ???????? ???????? ???????????????????????????????? ???????? ℎ???????????????????????? ????????????????ℎ???????????? ???????????????????????????????????????? ???????????? ???????????? ????ℎ????????ℎ???????? ???????????????? ???????? ????ℎ???????? ???????????????????? ???????????????????? ???????? ???????????????????????????????????????????? ???????????????? ???????????????????????????????? ???????????? ℎ???????????????? ????????????????????????????,” ???????????????? ????????????????????, ????ℎ???? ???????????????????? ???????????????????????? ???????????????? ????????????????????????????????????????????????????.
Also, it has a strong focus on multifamily to ease the housing crisis:
????ℎ???????????? ???????????? ???????????????? ???????????????????????????? ????????????????????????????????????????????. ???????????????????????? ???????? ???????????????????????????? ????????????????????, ????????????ℎ ????ℎ???? ???????????????????????????????? ???????? ???????????????????????????????????? ???????????????????????? ???????? ???????????????????????????????????????? ???????????????????? ???????????????????????????????????????? ????????????ℎ???????? ???????????????? ???????????????????????????????? ???????? ????ℎ???? ???????????????? ????????????????????????. ???????????????? ???????????????????????????????? ???????????? ????????????????????????????, ???????????? ???????????? ????ℎ???? ????????????????-???????????????????????????????????? ???????????????????????? ???????????????????????????????????? ???????????????????????? ???????? ???????????????? ????????????????????????. ???????????????? ???????????????????????????????????????????????? ???????????????? ???????? ????????????????????-???????????????????????????????? ????????????????????????-???????????????????????? ℎ???????????????? ???????? ????ℎ???? ????????????????????????????. ???????????????????????? ???????????????????????????????????????????????????????? ???????????????????????????? ???????????? ????????????????????????????????????????????, ???????????? ???????????????? ???????????????????????????????????? ???????????? ????ℎ???????????? ???????????? ???????? ????????????????????????.
Lastly, here is an interesting take on how they approach NIMBYism:
Tℎ???????? ℎ???????? ℎ???????????? ???????? ???????? 20 ???????????????????????????????? ???????? ????ℎ???? ???????????????????????? ???????????????????????????????? ???????????????????????? ????ℎ???????? ???????????????????? ????????????????????????????????????????????????. “???????? ???????????? ????ℎ???????? ???????? ???????????????????????? ???????????????????????????????????? ???????? ???????????? ???????????????????? ???????????? ???????????? ????ℎ???????? ℎ???????? ???????? ???????????????????? ???????????????? ???????? ???????????????? ???????????????????????????????????????? ???????? ????ℎ????????. ???????????? ???????? ???????????? ???????????? ???????????? ????ℎ???????????? ????????????????????????????????????????.”
So while the implementation would be different than ours, many goals seem to align with our industry. Rather than let these municipalities try to take over development like Vienna, instead realize that we have some very common overall goals and find ways to create public-private partnerships to achieve these goals in a multifamily industry-friendly way.
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Housing costs and homelessness are on the rise in California. In the Austrian capital, people of all income levels live in subsidised housing – and…