this post was submitted on 06 Nov 2023
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Te Wai Pounamu / South Island

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

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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.

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[–] Xcf456@lemmy.nz 1 points 1 year 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.