Take a look at what R12,000 a month gets you in South Africa – Joburg vs Pretoria, Durban, Cape Town and Gqeberha

RedViking

Nord of the South
Joined
Feb 23, 2012
Messages
58,139
Problem with the rental market is that it is mostly controlled by you oily slithery snakes.
 

gregmcc

Honorary Master
Joined
Jun 29, 2006
Messages
25,513
1 Bedroom Apartment / Flat to Rent in Brooklyn – R12,000 :sick:
 

icarusza

Well-Known Member
Joined
Aug 29, 2009
Messages
291
I'm not sure buying is better than renting in this market. That 12k rent often covers rates outside of electricity. Most maintenance costs also covered by landlord. Can easily work out better to invest what you would have spent on buying.

But buying does give you a sense of freedom - not having to deal with a landlord is great.
 

grok

Honorary Master
Joined
Dec 20, 2007
Messages
28,671
Still one of the best reasons for renting is they cannot expropriate without compensation what you don't own..
 
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