this post was submitted on 06 Nov 2023
55 points (78.4% liked)

Te Wai Pounamu / South Island

247 readers
8 users here now

Kia ora and welcome to the Te Wai Pounamu / South Island community!

A community for Te Wai Pounamu / South Island related conversations.

General rules:

Credit to @rjd@lemmy.nz for the banner photo!

founded 1 year ago
MODERATORS
 

Open the URL, I self-hosted a zip file with 9 photos so you don't have to visit a website that's filled with ads.

http://rentingcrisis.nz/forum/images/chalk/activism.zip

I wrote in 20 locations around riccarton and ilam. Most of my chalk was on riccarton road or perhaps 50 metres into a side street.

Please share this file.

you are viewing a single comment's thread
view the rest of the comments
[–] Alteon@lemmy.world 1 points 10 months ago (2 children)

The issue is that a LOT of people have their retirement based off of this system. They've worked their whole lives to achieve what they've seen as a fantastic, almost fundamental, way of providing for yourself in retirement. I don't want to hurt these people, even if they make up a sizable portion of the landlords. They are not the problem.

I'm trying to target the people that own 3+ houses, and if you can eliminate the money-making aspect of homeownership, you fix a big problem causing the housing crisis right now.

[–] Venat0r@lemmy.world 1 points 10 months ago* (last edited 10 months ago) (2 children)

If we had UBI they wouldn't need the retirement income.

[–] master5o1@lemmy.nz 2 points 10 months ago

NZ superannuation is a basic income for all above age 65.

[–] Alteon@lemmy.world 1 points 10 months ago

Even with UBI, people will always want more money if they are able to get it. UBI unfortunately wouldn't solve this issue. UBI needs to get passed though.

[–] Xcf456@lemmy.nz 1 points 10 months ago

It wouldn't say it's a lot. Most rentals are held in portfolios with 3+ properties - the idea that the rental market is mostly 'Mum and dad investors' is a myth.

Nearly half the population rent. That's the bigger retirement crisis, people are spending massive amounts on rent, which has the double whammy of locking people out of affording a house of their own, and impacts their ability to save for retirement.