Earlier quoted context omitted.
And yet Vienna is one of the most beautiful, livable cities in the world, with its masses of public housing, while major U.S. cities have homelessness crises and TV shows about house flipping for profit. Perhaps we should stop debating things based on the hokum of Econ 101 textbooks and look at what in the real world has actually worked (e.g. abolishing most forms of zoning, massive investments in public housing, rob…
The US also has a per capita GDP 50% higher than Austria ($52,131 vs $76,399). At $52,131 a year per capita GDP, Austria would be neatly in second to last place as the poorest state in the Union, as it would beat Mississippi at $47,190 but be beaten by West Virginia at $53,852. So perhaps the US policy is doing something correctly.
If you compare the Quality of Life Index, Austria is 9th, USA is 15th. Freedom Index - Austria is 93, USA is 83. HDI USA is 20th with 0.927, Austria is 22nd with 0.926. Another fun one is Cost of Living index which shows that Austria is significantly cheaper to live in compared to the US (66.8 vs 72.9 out of NYC).
I can go on, but it's frankly ridiculous that you think GDP per capita is relevant, or somehow directly impacts the lives of Austrians and invalidates the good choices Austria and Vienna have made.