Augsburg, Germany: A drone's eye view of Bavarian splendor
2:56
Augsburg, Germany: A drone's eye view of Bavarian splendor
2 months ago
MSNunbranded - Lifestyle
Discover the Historic Fuggerei in Augsburg, Germany 🇩🇪 Step into history with a visit to the Fuggerei, the world’s oldest social housing complex, located in the heart of Augsburg, Germany. Founded in 1521 by the wealthy Fugger family, this unique settlement continues to offer affordable housing to Augsburg residents in need, for a symbolic annual rent of just 1 Rheinischer Gulden, equivalent to 88 cents today! 🕰️ Wander through the charming cobblestone streets, admire the well-preserved 16th-
0:22
Discover the Historic Fuggerei in Augsburg, Germany 🇩🇪 Step into his…
22.6K views4 months ago
FacebookAoon The Traveller
Discover the Historic Fuggerei in Augsburg, Germany 🇩🇪 Step into history with a visit to the Fuggerei, the world’s oldest social housing complex, located in the heart of Augsburg, Germany. Founded in 1521 by the wealthy Fugger family, this unique settlement continues to offer affordable housing to Augsburg residents in need, for a symbolic annual rent of just 1 Rheinischer Gulden, equivalent to 88 cents today! 🕰️ Wander through the charming cobblestone streets, admire the well-preserved 16th-
0:56
Discover the Historic Fuggerei in Augsburg, Germany 🇩🇪 Step into his…
2.7K viewsJan 7, 2025
FacebookAoon The Traveller
⚽️❤️ on TikTok
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⚽️❤️ on TikTok
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TikTokfc.augsburg19o7
Augsburger Rathaus (Augsburg Town Hall) in Augsburg, Germany
Augsburger Rathaus (Augsburg Town Hall) in Augsburg, Germany
Mar 11, 2024
gpsmycity.com
In the city of Augsburg, Germany, there is a place where the 16th century never quite ended—at least when it comes to the lease agreement. The Fuggerei is the world’s oldest social housing complex, and its rent has remained frozen since it was founded in 1521. While the rest of the world deals with skyrocketing real estate, the residents of the Fuggerei pay a base rent of exactly €0.88 per year. How the Math Works The rent was originally set at one Rhenish guilder per year. In the 1500s, this wa
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In the city of Augsburg, Germany, there is a place where the 16th ce…
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FacebookDane Jones
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