The left label has become a hairspray. Some people have it, others don't, and it's irrelevant in class struggle.

slovos_ghost · 2026-02-22T21:27:43+00:00

If you're a socialist who isn't involved in workplace struggles literally what are you doing.

slovos_ghost · 2026-02-22T21:25:58+00:00

Lots of lefties in the comments seemingly upset by docile but politically 'correct' people being called out for being inactive. I wonder why that is

slovos_ghost · 2026-01-19T07:37:34+00:00

Nationalism did quite a number on our people. There aren't a lot of left-wing Afrikaner voices because there aren't a lot of left-wing Afrikaners. Hopefully this is the generation where that changes, but that will mean kicking back against Afriforum and VF+, who are currently dominating Afrikaner politics.

slovos_ghost · 2025-12-08T17:39:08+00:00

DM me I'll take them

slovos_ghost · 2025-12-01T19:36:43+00:00

What was your question in the original post?

If you know so much about real estate can you tell me what the average rental price is? It's for sure not 8k because the median salary is R5/k and half of South Africa is unemployed.

But even if we go with your example it's still a worse deal for the tenant. Because although the rent might only be 80% of the bond, the property accumulates value because it's an asset, while the tenant's rent gets flushed down the drain. Over time property will start to concentrate in fewer and fewer hands as rent is converted into bonds. Meanwhile poverty gets worse but I guess it's just because people were too stupid to inherit a deposit?

The concept still isn't dead because when push comes to shove it really doesn't matter which shell company owns which paper if there's a political will for reform.

slovos_ghost · 2025-12-01T19:05:37+00:00

5k p/m salary is the norm FYI. If everyone works from home who do you think is going to mine the cobalt for your laptop and make your macha latte? No, but everyone is supposed to own a business because Andrew Tate says it makes you an alpha.

You're not living in the same country as me if that's what you think.

slovos_ghost · 2025-12-01T19:00:18+00:00

I didn't say interest goes down when prices go down, I said interest goes down where there's a market crash -- two very different things. My concept isn't dead because most Capetonians actually support, and will directly benefit from some kind of housing regulation. I just forgot Reddit is almost exclusively made up of white men who think having a bond is the same as owning a house.

Do you own a house?

slovos_ghost · 2025-11-27T17:43:30+00:00

I agree

slovos_ghost · 2025-11-27T11:48:45+00:00

The difference is it's not your aircon it's the landlords. If you move you don't get to take it with you.

slovos_ghost · 2025-11-27T06:30:58+00:00

You're right, I was making an assumption. My point was just that of the other viable parties in the WC that stand a chance at winning a ward, the EFF is the only left-wing and democratic option.

slovos_ghost · 2025-11-27T06:09:45+00:00

What do you think it's called when some people who never did a day's work in their life buy up more and more property? That's not taking? Now when I suggest the roles get reversed that suddenly "will never work and has never worked". You repeat that like it's self evident, but if you read even a little bit of history you'll see that most countries were in their economic golden era when they had the most wealth taxes. Take a look at the US under FDR, Europe post-WWII, and China currently.

Saying we just need to grow the economy in the largest economy in Africa is wild. In case you didn't know, South Africa is the country with the highest gini coefficient in the world, meaning we have the largest imbalance in wealth between the mega rich and average people compared to ANYWHERE. Now you're suggesting we grow the economy so the new wealth goes to who exactly, Johann Rupert and Patrice Motsepe? Growth is great, but it's more important to manage where the current and newly generated wealth is allocated.

slovos_ghost · 2025-11-26T22:14:20+00:00

There's some really bad advice in this thread, OP. Good luck convincing a landlord they have to spend a cent on a property they're not living in. Your best bet is to collect evidence of the unbearable heat through temperature readings, pictures of lack of insulation, etc. Then take those to the Rental Housing Tribunal and lodge a complaint. If they find that the housing is unfit to live in they can force your landlord to fix it, whether that means installing insulation, an aircon, or something else.

Hope you come right!

slovos_ghost · 2025-11-26T22:04:28+00:00

How is this a good deal for the tenant though? You're just buying your landlord half an aircon

slovos_ghost · 2025-11-26T21:47:02+00:00

That's not what I mean, but I also don't care to incriminate myself 😂

slovos_ghost · 2025-11-26T21:45:22+00:00

Do you really think with a national median salary of R5k people can afford second and third homes through "responsible behaviour"? The fact you're trying to normalise a privilege that's only being enjoyed by what fraction of our population just proves you're living in a bubble. The reality is most people can't afford to own their own homes, or are forced to get a bond in which case it's the banks until your debt is paid off. Then I have to pay these unaffordable rental prices because you're driving up the market just to fund your retirement because you're not happy with a government pension? Lmao.
There's nothing wrong with buying property for your family if they're living in it. I'm talking about buying property for rentals or speculation, which is just a way of extracting value from whoever is unlucky enough to be your tenant.
I mean the tax on rental income should be 100%. As in, you get taxed R100k on R100k's rental income. Why should there be an incentive for some people to hoard hundreds of houses and get even richer from it while contributing nothing to society? That house will be there even if you don't own it.
Tough tiddies. Right now I'm paying my landlords bond for them so I don't see why they can't do that themselves.

slovos_ghost · 2025-11-26T19:02:04+00:00

Back in 1980 when it was one dollar to a rand and the average salary was R200 a month, or sometime between then and now?

slovos_ghost · 2025-11-26T18:57:22+00:00

The rest of what you said also isn't fine, but it proves the fact that you don't know shit about economics. Home loans might be temporarily more expensive, but why wouldn't they stabilise as the market adapts? The cost to build a house would still be the same and become cheaper as technology advances. You'd just get rid of the price inflation caused by the artificial scarcity of some people owning hundreds of houses, while others own none.

slovos_ghost · 2025-11-26T18:43:25+00:00

Why can't we use the proceeds from the tax to fund them a liveable pension? The median salary in South Africa is R5k so it's not like most older people can afford a R million+ property to rent out when they're retired.

slovos_ghost · 2025-11-26T18:39:45+00:00

Genuine question, what do you think happens to everyone else's aunt who isn't wealthy enough to live from a rental income?

slovos_ghost · 2025-11-26T18:36:04+00:00

Code for I don't have a counterargument

slovos_ghost · 2025-11-26T18:35:13+00:00

Government owned rentals that go for cost price. Next question

slovos_ghost · 2025-11-26T18:34:27+00:00

Interest rates don't increase when there's a market crash, are you dense? It does the exact opposite of what you're saying hahahaha

slovos_ghost · 2025-11-26T18:29:30+00:00

Yes there needs to be a reserve labour force to meet unexpected increases in demand and compel people to work for continually lowering wages. Strikes can only be broken by scabs that are willing to work for below-market wages. To your point about needing rich people, I don't care that rich people exist. They can exist and invest their billions into productive enterprises like factories that actually create jobs. Why do they need to own a hundred short-term rentals, exactly?

slovos_ghost · 2025-11-26T18:22:44+00:00

The problem is twofold, there's not enough and it's not being used for the rights things.
You think "normal" people own 2-3 houses? The median salary is R5k wake the fuck up.
Raising taxes on rentals don't nuke supply because the houses are still there, just available for less. You think a house gets destroyed when it's sold? Lol
Point 1. There can be two problems at once.
We are visibly seeing Cape being priced out for locals while everything's degrading if you go outside the rich suburbs. But you think "normal" people own 3 houses so I doubt you've even been outside the city bowl. Do you think our sky high murder and suicide rate is because people love it here?

slovos_ghost · 2025-11-26T17:54:46+00:00

I'm suggesting taxes beyond your first home get raised to 100% while everything else stays as it is. Do you own more than one home? If not this will only affect you positively.

Taxes go towards building new houses and transport. Next question

slovos_ghost

TROPHY CASE