We’ll open with a quote from today’s Southland Times and then get into it. Read through as often as you like, and in accordance with current practises you may indeed refer to the text.
The below is honest quoting with no editorial adjustment.
4. Give everyone a home
Sometimes I think landlords really consider themselves to be the Lord. About one in five renters spend 40 per cent of their incomes on housing. For sole parents, researchers have found about 60 per cent of their income goes on rent.
If you think that’s okay, you are obviously a landlord or about to start your property portfolio thanks to hard work and (or, actually, just) a large inheritance.
Instead of focusing on building thousands of homes to be sold to private owners – who will eventually reap profit from a government service – why not build thousands of state homes? State homes cost about 25 per cent of a tenant’s income, up to the market rental of that house. You need to be in difficult circumstances to qualify for a state house. But we could decide that a house is a right, and everyone has access to a state house.
We could cut the banks out of the family home, and rent to buy.
You’ll still pay 25 per cent of your income, that’s a lot of money. Anything is better than giving 40 or 60 per cent of your money to a guy who happens to own some land.
There. That didn’t hurt, did it?
Now before we hit the Quiz, for the source of those gems—
—may your gods go with you, and here’s to your future when scribes like the above get elected into high office.
“Mr Argus, Sir?”
“Yes, Little Ollivia?”
“So it’s true Sir? Money really does grow on trees?”
“Can’t answer that right now, Cutie—gotta hit ’em with this test!”
Scroll down for the test. There will be one question, which if you answer correctly will score you an instant MBA from the University Of New Zealand. Good luck~!