In Lower Austria there is a de facto freeze on subsidized cooperative housing. The SPÖ locates a scandal. The state points, among other things, to the high construction costs. How many apartments could be affected and where the causes and problems lie.
Are you still living or are you already paying? In times of massive inflation, housing is the biggest price driver. This automatically makes that agency all the more important, which should enable affordable housing for the broad middle class, even in times of inflation – non-profit housing. In Niederösterreich, as in Vienna, by the way, hardly any subsidies are currently being granted for new construction, which is also due to the fact that building is becoming increasingly expensive, also for project developers, but for the SPÖ it amounts to a “construction freeze” and a “scandal”.
Source: Krone

I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.