At the world's oldest social housing, rent hasn't changed since 1521
&gt; To be eligible to live in the village, applicants need to meet three basic criteria: they must demonstrate financial need, have lived in Augsburg for at least two years and be of Catholic faith. ... checks church registers to ensure they&#x27;re Catholic<p>So, standard economics at work: If prices are rigidly set at a low level, there will be rationing. There is the non-price rationing.<p>&gt; Roughly 160 residents live in the Fuggerei ...  there are about 80 people on the waiting list ... applicants could be waiting years for a callback.<p>And there is the persistent shortage.