Going, Going, GONE! Rented To Claude Raines!
Following up from my previous entry. I spoke to a guy the other day and we discussed the rental crisis, in particular the concept of rental auctions. "But," he said, "this has been around for decades." "I agree," I replied, "housing has been going downhill for about the last twelve years or so, but rental auctions are a relatively new thing." He was a bit puzzled. For the past six or so years he's had to compete in an open auction to secure rental accommodation and as such that's all he now knows. He's been doing it so long that it's now second nature. He fails to see a way out of all of this. "Don't compete," I told him, "just withdraw from the process." "Not that simple," he replied, "you see it's easy for you, you know what to do and say. However when you're faced with sleeping in the parklands or getting a place then you do what you need to do." It was futile. He pointed ou...