GENERATION RENT

GENERATION RENT
factors.

• foreign investors widen the income gap and the gap between homeowners and those who rent 
• no affordable places left because demand is much higher than supply leaving property owners and landlords with all the power
• One in four Kiwi households spend more than 50 per cent of their income on housing costs, according to the Ministry of Social Development's latest Household Incomes Report. (probably more people do in cities also)
• no capital gains tax

A typical house in Auckland now costs 10 times a typical household income. The recommended international maximum is three times.

• • Prices have tripled in the last 15 years while incomes have risen by only two thirds.
  • It would take a typical 25-29-year-old couple seven years to save for a deposit on a $630,000 "affordable" house in Auckland.
  • Assuming they got a bank loan for a smaller amount, they would spend almost half their take-home pay in mortgage repayments. Single people on a median income are out of the running - it would take virtually all their income.
  • If you don't own a home in Auckland by the time you're 40, you're unlikely to get one.
  • New Zealand is the most expensive country in the world to buy a home, based on prices compared to incomes.

Rent - $170

Student loan - $175.

5 extra dollars LOL

• no real minimum standard for people to be allowed to rent their houses out, you can rent horrible mouldy flats out to people with no repercussions or responsibility
  If you can't afford to maintain a house to a rentable standard, perhaps you shouldn't be a landlord! We treat renters in nz as second class and it's totally unfair. Everyone should have the chance to live in a clean, dry home for a reasonable price.
• if you cant afford to keep a dwelling in livable condition you shouldn't be allowed to rent it out. 

Proposal questions

How can visual communication design provide a solution to the housing crisis...?

How can VCD help the demographic of renters get the best possible outcome of their situation?

If you can't afford to maintain a house to a rentable standard, perhaps you shouldn't be a landlord! We treat renters in nz as second class and it's totally unfair. Everyone should have the chance to live in a clean, dry home for a reasonable price

If you can't afford to maintain a house to a rentable standard, perhaps you shouldn't be a landlord! We treat renters in nz as second class and it's totally unfair. Everyone should have the chance to live in a clean, dry home for a reasonable price.

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