Houses in This Old German Town Rent for $1 per Year, and Have for 500 Years—But There’s a Catch

Houses in This Old German Town Rent for $1 per Year, and Have for 500 Years—But There’s a Catch
(Travelview/Shutterstock); Inset: Public Domain
Michael Wing
Updated:
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It looks like a small Medieval town within a town.

A walled community in the heart of Augsburg, Germany, the Fuggerei has stood for 500 years—offering not only shelter for the poor but haven from inflation and stinging rent hikes.

Michael Wing
Michael Wing
Editor and Writer
Michael Wing is a writer and editor based in Calgary, Canada, where he was born and educated in the arts. He writes mainly on culture, human interest, and trending news.
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