3 ms·
English is not my first language but the dictionary states a crisis is: a time of intense difficulty or danger. a time when a difficult or important decision
by 6510 3y ago
English is not my first language but the dictionary states a crisis is:
a time of intense difficulty or danger.
a time when a difficult or important decision must be made.
However, it comes from from Greek krisis ‘decision’, from krinein ‘decide’.
It seems you can have your crisis the way you like it :) The housing decision was to have it be unaffordable. But it is only a permanent crisis if it was decided to be that way.
I do like the article, the point still stands. I do doubt if it is a road to a solution.
I would try a different angle. If rents grow to match income then salaries must grow to match rent. There should be people out there who pay salaries and don't like how expensive that already is.
People who spend 1/3 of their income on rent would welcome a 5% pay cut in exchange for 30% lower rent.
In the supermarket I ran into the big boss from the firm I rent from.
I did a funny monologue:
My rent is well below average in this city but I still managed to pay 3 times the 2010 market value of the property, the price at which you offered to sell it to me but I couldn't afford. Not much was done over the years, a paint job, some plumbing, no real expenses were made. I'm not the first tenant, before me people paid 2-5 times the 2010 value(?) Now the property value has gone up dramatically. This means you've made even more money, much more!
Then you send me a letter that argues you are increasing my rent because you've made so much money. Every year you want one more week of my salary because you've made so much money.
I also know you have a giant waiting list while you are selling houses rather than building them. I get it, if earnings grow beyond a point you may no longer mix social housing with private housing projects. This will make your job much more complicated and the transition comes with considerable costs you are not looking forwards to.
I have great idea, you are not obligated to increase my rent every year. You could sell fewer houses, own more property and have more renters.
You see where I'm going with this? >points finger<
Then I walked away not waiting for an answer.
The next year the standard letter said my rent would go up by 0%.