Aarhus

Country

Population

273,077

Renting

3 Things...

1. Cultural Hub: Aarhus is known for its vibrant cultural scene, including the ARoS Aarhus Art Museum, which features a striking rainbow-colored walkway on its roof, offering panoramic views of the city. 2. University City: Home to Aarhus University, one of the largest and oldest universities in Denmark, the city has a youthful and innovative atmosphere, attracting students and researchers from around the world. 3. Historical Significance: Aarhus is one of the oldest cities in Denmark, with roots dating back over 1,000 years. It boasts well-preserved medieval buildings and a charming old town, including the picturesque Den Gamle By (The Old Town), an open-air museum showcasing Danish urban history.

Organisations

C.F. Møller Architects

Unlisted Orgs

Population (AI)

Population: 349256

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Last edited

Sep 30, 2024 6:49 PM

Category

Local programs

Housing Market

The housing market in Aarhus, Denmark, is characterized by a significant housing crisis. Approximately 30% of the population rents their apartments, while the remaining 70% own their homes. The city faces high housing costs, with prices increasing by 21% since the first COVID-19 lockdown in 2020. This has led to a widening wealth gap between homeowners and renters, as homeowners benefit from rising property values, while renters face increasing housing costs that outpace their salaries. To address the housing crisis, Aarhus is focusing on building affordable housing. The Danish government has implemented policies such as housing allowances and social rental housing to support low-income residents. Additionally, efforts are being made to boost the supply of new houses, although these initiatives are often hindered by high interest rates and building costs. The city is also exploring ways to regulate rents and improve living conditions for renters, aiming to ensure that housing is both affordable and sustainable for all residents.

Further Actors?

Cooperatives

Housing cooperatives in Aarhus, Denmark, play a significant role in providing affordable and community-driven housing solutions. These cooperatives are organized as associations, enabling members to manage and maintain their residential real estate collectively. The market share of housing cooperatives in Aarhus is substantial, reflecting the broader trend in Denmark where cooperatives contribute significantly to the housing market. In recent years, new housing cooperatives have emerged in Aarhus, driven by the increasing demand for affordable housing and the supportive legal framework. The Danish government has implemented policies to facilitate the establishment of housing cooperatives, including the revision of the national Housing Act in 2015, which laid the legal basis for these cooperatives. The city of Aarhus promotes cooperative housing through various initiatives. For instance, the city supports the development of new cooperative projects by providing favorable conditions for land acquisition and construction. Additionally, local authorities often collaborate with housing cooperatives to ensure that these projects align with the city's sustainability and community development goals.