500-Year Anniversary of the Fuggerei – the Oldest Social Housing Complex in the World
Posted by: Jenny Gesley
This blog post describes the "Fuggerei" in Augsburg, Germany - the oldest existing social housing complex in the world. The Fuggerei was established on August 23, 1521 by Jakob Fugger "the Rich," a wealthy merchant. In order to be eligible for housing, a person must be Catholic, needy, respectable, and a citizen of Augsburg. The yearly rent is Euros 0.88.
Posted in: Global Law, In the News