$1 Yearly Rent? Germany’s Unique Village #shorts #facts #mystery #germany

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$1 Yearly Rent? Germany’s Unique Village #shorts #facts #mystery #germany

**Fuggerei: Rent Frozen Since 1560**

Fuggerei, in Augsburg, Germany, is the world's oldest social housing complex, established in 1521 by Jakob Fugger. Remarkably, rent has remained just $1 per year since 1560.

The village has 67 houses with 140 apartments, offering modern amenities while retaining its historic charm. Residents must be Catholic, from Augsburg, and in financial need but debt-free. They also pray daily for Jakob Fugger as a condition of residency.

A popular tourist spot, Fuggerei showcases medieval architecture, a museum, and a WWII bunker, embodying centuries of philanthropy and affordable living.
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