Those prices are pretty steep.While thats a nice program, apartments in cities such as Düsseldorf or Berlin nowadays cost like 500-600k € for 80 square meters. You need a good 10-15% of that upfront before you can get any mortage in first place.
Its nearly impossible to buy something for most of the population and even I with a decent salary am not ready to pay those inflated prices.
Which price ranges are there for public housing if you're going to be paying rent ?
My post was also about bringing down the cost of public housing. My reasoning is that if you have a non-profit housing then it would stand that the rent would be based on the cost price of building and mantaining the buildings. That should in return force the privat housing market to adjust the prices accordingly.
Black Stone US company bought housing in Denmark and raised the rent very high and they got badgered because of that. But it's still ongoing, luckily there are laws in Denmark limiting the rent range and such.