Buying vs Renting

Ah, thats a repost from Stealthywealths article last year. You have to do your own numbers.

For me personally, my bond payment + plus levies = the amount I would be paying in rent.
 
Yup... need to do your own numbers.

People think they are "getting in the market" but don't buy a house that you not going to live in for a really long time.
 
Nerfherder said:
Yup... need to do your own numbers.

People think they are "getting in the market" but don't buy a house that you not going to live in for a really long time.
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Probably true in JHB - but some CPT suburbs are seeing insane growth (+-20-25% a year). So they doesn't particularly hold true for everywhere, but as a whole it helps to stay put to eat up some of the costs involved when purchasing.
 
Rain-Hard said:
http://www.biznews.com/wealth-building/2017/01/16/buy-rent-controversial-debate/

Cool article. Struggled to sell my house for just over a year etc. Renting currently and all up for it for the future, bear in mind adhering to the saving option as mentioned in the article,
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Either you bought in a crap area or don't know what house prices go for in the area. As with anything in life do your homework. There's houses on show every Sunday and at the local supermarket have free property booklets in the front.
 
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