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Houses in This Old German Town Rent for $1 per Year, And Have for 500 Years—But There s a Catch

Houses in This Old German Town Rent for $1 per Year, And Have for 500 Years—But There s a Catch
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Germany′s Fuggerei: The world′s oldest social housing project | Lifestyle | DW

Five hundred years after the Fuggerei estate was opened in Augsburg, the rents remain under €1, and diverse people facing financial hardship still have housing security.

At the world s oldest social housing, rent hasn t changed since 1521

The Fuggerei is a landmark in Augsburg, Germany, not only because it resembles a medieval village, but also because the rent hasn't changed in 500 years. Residents pay about $1.30 or 0.88 euros per year for their apartments and commit to daily spiritual reflection.

At the world s oldest social housing, rent hasn t changed since since 1521

The Fuggerei is a landmark in Augsburg, Germany, not only because it resembles a medieval village, but also because the rent hasn't changed in 500 years. Residents pay about $1.30 or 0.88 euros per year for their apartments and commit to daily spiritual reflection.

Fuggerei: Projekti më i vjetër i strehimit social në botë | Gjermania | DW

Fuggerei: Projekti më i vjetër i strehimit social në botë | Gjermania | DW
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