Every time I’m confronted with what people are pay for rent I am completely shocked at how anyone can afford to part with that kind of money, and still have money anything else.
I’ve real concerns for my daughters who are in their 20s and just how on earth they will ever get to a position where being able to afford a mortgage is a viable proposition.
Yesterday, TradeMe revealed the whopping all-time high rental costs across the country.
The biggest increase was seen in Northland, where the median weekly rent skyrocketed. At the start of last year, the median rent for Northland properties was $500 a week. By December, that had jumped to $560.
Manawatū, Whanganui, Taranaki and Canterbury also saw enormous increases of at least $40 per week.
Do you think it’s time to completely flip the desk on the astronomical cost of existing and seriously consider other ways of living?
Is it time to get more communal and build properties as communities which may involve friends and family as a means to reduce the cost of living?
The model way of modern communal living been done in Auckland with one extended family building a very nice apartment complex where everything is shared, including the vehicles.
When you think about it, it seems pretty strange to live in a street, where everyone owns a lawnmower, a drill and a vacuum cleaner when most of those items are used very sporadically.
Doesn’t it make more sense to live in a communal setting where there would be one lawnmower for a bunch of families? One drill set for the same group? You get my drift right?
I’m sure this is going to take a few generations to come to terms with, but there’s no way we can continue living our insular lives behind our picket fences on our quarter acre sections in a country that for many continues to become completely unaffordable.
The reality is completely confronting. Most of us can’t even afford the picket fence let alone the lovely home that sits behind it.
See omnystudio.com/listener for privacy information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!