A German Village Where It Costs Just $1 To Live A Whole Year

Samuel Reason | January 8th, 2019

In one magical German village, something is happening that appears to be a complete opposite to the rest of the world. In a time when rent is skyrocketing around every town and city across the whole world, the village of Fuggerei has not raised rent for nearly 500 years.

img.theculturetrip.com

In this little community in Southern Germany, they have been able to defy all the odds and keep their rent priced at around the same price it was in 1520. It is actually a small section of the village of Fuggerei, a gated neighborhood called Augsburg. It’s a picturesque place that you may imagine in a dream, walls covered in beautiful vines and magnificent courtyards. And the lovely community has been built on one agreement: that the inhabitants do not pay more than € 0,88 rent each year.

Yes, that was not a typo these lucky residents only pay $1 for a whole year of rent.

It all comes from a wealthy family who ran a wool business in the 16th century, they were very business focused and bought up a lot of land and buildings in the area. Quickly becoming the wealthiest family in the region called the Fuggers. Wanting to give back to society, as a large part of their wealth came from building great relationships in the region, the idea for Fuggerei was born. An entire town dedicated to helping the poor, a huge social housing complex, actually the world’s first social housing complex. They decided the rent would be one Rhenish guilder.

Applicants simply have to be Catholic, pray and respect a 10 PM curfew, both world wars destroyed the neighborhood, but the Fugger family did not give up. Both times they rebuilt and expanded their project all the time respected the initial rental agreement.

Today the curfew is a little more relaxed, though tenants do tip the guard if they arrive back too late the price has stayed exactly the same & disregarded any inflation costs. One Rhenish guilder is around $1 today, so we would guess these tenants have the lowest rent in the whole of Europe, maybe the world.

Next Article
  • The Myth Of Sharks Curing Cancer

    One great myth that was making rounds across the scientific world and across all the internet was that sharks had suddenly become the cure for cancer. And they are indeed incredible animals, probably one of the world’s most famous creatures: everyone knows what a shark is. Some people are fascinated and some people shudder in...

    Read More
  • Surgery Saves Man’s Sight With Bionic Eyes

    One blind man has felt the miracle that is medical breakthroughs and modern science. John Jameson from Texas had been blind for over 40 years due to a terrible infection that resulted in the loss of his vision. Jameson eventually gave up on trying to restore his vision, deciding to accept his fate of being...

    Read More
  • President McKinley Gave Away His Lucky Charm And Was Assassinated

    Not everyone is into superstition, and even fewer people believe in lucky charms or voodoo spells. Definitely, in this modern day and age, society has a tendency to champion science over superstitious traditions that are seen as the old ways. But during 1887 when William Mckinley was a young man, lucky charms were all the...

    Read More
  • The Peruvian Hospital Ship In Operation Since 1862

    Yapura is a ship that was commissioned to be built in 1861 alongside its sister boat the Yavari, and she was built to be used on the Lake Titicaca. Aptly named after the Javary river that runs through the Loreto Region of Peru, this in itself is nothing special - until you learn the Yavari...

    Read More
  • 20 Timeless Ancient Beauty Secrets Still Used Today

    Have you ever wondered where beauty regimes came from? Ancient beauty regimes have been happening for thousands of years. From the Aztecs to the Egyptians and from the Greeks to Romans, ancient beauty secrets are all around us. Highlighting hair and facial masks have been circulating through the ages. These ancient beauty secrets have been...

    Read More
  • 20 Of The Most Amazing Things You Can Only Find In Japan

    Japan is an incredibly interesting country that should be on your bucket list to visit if you haven't already. They are ahead of the curve in technology compared to most of the world, and have a fascinating culture that is unique in many ways. So you're bound to find things in the Land of The...

    Read More
  • The World’s Rarest Pasta Are Known As The Threads Of God

    If you would like to eat what is known as the Threads of God then you will need to first embark and complete a 20-mile pilgrimage. Twice a year, pilgrims come to Sardinia to feast on the world’s rarest pasta. Trekking from the city of Nuoro to the village of Lula, all through the night...

    Read More
  • The Eerie Story Of The Phantom Barber

    When it comes to haunted lore, then the Southern States of America have their fair share of stories & tales. You can find cities in the Savannah that have a rich history of being haunted. And of course, we have all the unexplained ghost stories that come out of New Orleans and Charleston. For many...

    Read More