The secret is: there is a lot of subsidized housing, and the article primarily talks about said subsidized housing. The cost of non subsidized housing is in line with Hamburg.
>The secret is: there is a lot of subsidized housing
Becasue that's what the Vienese people voted for and keep voting for since 1945. So even if you also want to vote yourselves subsidized housing in your city right now, unless you can turn back time to change your city's policies, it's unlikely your own city will be able to buy up over half the private properties in town now, turn them into social housing and then rent them out to you at discount prices today. It will be financial and politicla suicide to do that in today's market anywhere on the planet.
It's also how Vienna is the only city in Austria with so much subsidized housing, with the rest of the country relying on private ownership and private rent, nor can the rest be like Vienna today even if they wished due to the issue mentioned above.
>The cost of non subsidized housing is in line with Hamburg
With lower wages than Hamburg and higher consumer prices.
And Hamburg has terrible salaries, too, if the €2500/month take home I was offered for a senior engineer role by one of Germany’s biggest companies is anything to go by.
That's a European wide problem. Most great software opportunities are still clustered around the handfull of tehc hubs where big-tech, FANGS and VC funded companies have their offices: London, Dublin, Amsterdam, Berlin, Stockholm. Anmywhere outside of that and opportunities take a nose dive.
Hmm, maybe - did you see the PDF reports from swissdevjobs/germantechjobs a few weeks ago?
Zurich, Zug, Bern and Geneva were out there as around double the numbers of anywhere in Germany. I know Switz isn't cheap to live in, but still. Honestly I wish I was still back in London.
The other secret is that Vienna’a population is comparable (2.0 million) in 1910 versus today in (1.99 million) 2023. This means that there’s plenty of existing housing already, before even considering the expanded suburbs.
