Property tax needs to go up exponentially with the quantity that you own
this post was submitted on 07 Mar 2025
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And companies own, or even better that better have some good reasoning for buying a property that's for living.
With an exemption for the first 5 years after building. Companies and investors need to be incentivised to build property not hold onto it.
The incentive to build new housing is to then turn around and sell that housing, they don't need an incentive, they need permission.
They could also tie it to occupancy. If a functional residence goes more than half the year without someone living in it, property tax is quintupled.
There’s danger to writing such a law correctly, unfortunately. I recall something in Ecuador where people were leaving extensions to their home just barely unfinished so that they could avoid certain residence laws until they had a buyer.
"It's the market" is another way of saying "because I can".
They don't have to raise the rent to match the market, the market is simply a signal to them that if they lost you by raising the rent, they could potentially replace you for the same or higher rent.
They could ignore that and leave your rent alone. They don't. It's a choice.
I use these memes to gradually radicalize my friends and family 👍
Abolish Capitalism When?
The core problem is capitalism, landlording is merely a symptom of capitalism.
capitalism is the idea that value comes from ownership, rather than labor. landlording is just the purest expression of capitalism.
That's not really true, per Smithian capitalism but Smith also called landlords parasites so
uh huh. I think the value of stuff should go to the people who made it, who can, individually or as (a) group(s) maintain their own fucking tools. or towards a broader project of building a society. I don't think concentrating wealth or some edgelord bullshit about greed being good are sustainable healthy or sane ways to structure distribution of resources in a society.
This.
The core problem is consumerism. The idea that if you have more, then you should get more and spend more while complaining you don't have enough.
I wish something could be done about this.
If only a hero could rise up..
I mean, every year my rent increases and my pay doesn’t (not every year). So every year I have less to spend each month.
The thing that pisses me off is that I’m not Asking to be able to afford a house. I already gave up on that a long time ago. I’m only asking to be able to stay at a place that I’ve been living in for 10 years. And by the way, moving is also super expensive. On top of that, let’s say I did move to a place where the rent is cheaper initially, the rent is gonna be increasing every year there too.
I’m just trying to live a stable, modest life without having a panic attack every time I see her, no tape to my door (which usually signifies a rent increase notification).
I really wish something could be done about this.
I’m fully with you. I just want to have a roof over my head, have some time for hobbies, and be able to afford cheese at the supermarket. Alas, apparently we’re asking for too much! How very selfish of us.
I would also like to add that I earn above a minimum wage. It’s by no means a stellar income, but it’s decent. On top of that, live with my mom, so we split the rent! And somehow I’m here stressing over whether I’ll be able to afford my place of residence a few years from now. This is not okay. I really want there to be some change, but I don’t know what can be done.
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The thing that pisses me off is that I’m not Asking to be able to afford a house. I already gave up on that a long time ago.
Sigh. This is part of the problem. We need to value ownership more than renting.
I can’t afford a down payment. You can’t buy a decent house in Cali for less than a mil. I get it. Paying rent sucks (with the advantage of not having to pay your repairs). But I can’t afford a house at this point. Just can’t afford to save enough money. So although I know it’s more optimal, I’m okay with paying rent in the current market. I just can’t deal with the constant increases.
I think you get my point though. Paying rent is not optimal, but a person with a decent job should be able to afford it. While I don’t disagree with what you’re trying to say, I don’t think it’s hard to understand what I’m getting at either.
A real bro
A super bro
A super Mario bro
Super Mario's bro
Lol my landlord literally told me that
There need to be apartment building co-ops.
Wait? There's NZ memes /community here?
Also peak meme!
I was about to say, that landlord looks super familiar
So odd seeing 'the human thumb' here. NZ is an embarrassment and this twat is NOT helping
Sorry, I'm new here. Apparently I haven't enabled my notifications.
But yes it is embarrassing, for him and for us
Build more housing.
Most cities are regulated to prevent more housing being built. You should definitely read on the works of Strong Towns, and similar groups, and how you can help change the landscape of your city
Their website is great and has a ton of details https://www.strongtowns.org/
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I keep telling my friends rent is going up every 2 years.
Looks like it's about that time.
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