https://tankie.tube/videos/watch/b6ba48d1-9305-4d5c-8b06-cd20dcd53c1b More and more people are becoming renters, as housing increasingly becomes out of reach. But how does the renting system specifically work? What happens when you submit a bond? Who holds that bond? Governments across the country hold culmatively $5 billion in tenants bonds. This is used to generate income via interest and investment. However, this revenue isn't being appropriately distributed in a way which properly ensures that tenants get a fair go in the renting system Leo Patterson Ross, the CEO of the Tenants Union NSW, explains how it all works, explains the problems, and gives some potential solutions and ways forward. Tenants Union NSW: https://www.tenants.org.au/ Join the Renters and Housing Union: https://rahu.org.au/?srsltid=AfmBOoovIdVq7YxjZxZN5Zd0dPXzo0FOJwz-u4HkD7XW2ccctGW8qQt2 script and sources: https://docs.google.com/document/d/13_Ewag_fIbChsl5bZVP1YMSaNHQF6PGrFhjsppdgodA/edit?usp=sharing original interview with Leo: https://youtu.be/76Oy49J4C4k 0:00-0:24 intro 0:24-2:47 how does the bond system work? 2:47-4:31 the money 4:31-12:37 who does the system benefit? 12:37-15:50 get involved Thu, 09 Apr 2026 03:36:13 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/b6ba48d1-9305-4d5c-8b06-cd20dcd53c1b All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.