Renting vs Buying a Home

Sdílet
Vložit
  • čas přidán 12. 09. 2024
  • It's a contentious topic but let's take a look at both the advantages and disadvantages of Renting vs Buying a Home.

Komentáře • 31

  • @reabetswetshetlo4188
    @reabetswetshetlo4188 Před rokem +7

    I am a person in my older 20s who was adamant on buying a property when moving out and My advise is do not! who you are in your twenties is not who you will be in your 30s. No need to tie yourself down that early

  • @davidsindana282
    @davidsindana282 Před rokem +30

    On this topic I will expose my lack of loyalty and say that my advice to young adults is that do not rush to own property but look at your future career prospect before you commit to living in one place for the rest of your life. So I am saying renting can be a good thing

    • @yanelamtati8131
      @yanelamtati8131 Před rokem +1

      Couldn't agree with you more...

    • @MapaloMakhu
      @MapaloMakhu  Před rokem +1

      100%

    • @mpumiontheweb-cw3vs
      @mpumiontheweb-cw3vs Před rokem +3

      I had this view when I was younger and I regret it. Get a property as soon as you can. You don't have to live in the home. You can rent it or sell if you move.

    • @AQ_1202
      @AQ_1202 Před rokem

      Awesome advice

  • @amanda-j9g
    @amanda-j9g Před rokem +7

    Testing affordability... Good food for thought, very important.

  • @Mr.ExtrodinUniverse
    @Mr.ExtrodinUniverse Před 17 dny

    I thoroughly enjoyed this. Thank you

  • @rebekkaroe
    @rebekkaroe Před rokem +5

    Very interesting topic. Thank you for this video! I'm currently saving for a house down-payment. 💰

  • @daphnejena5080
    @daphnejena5080 Před rokem +3

    I liked this video thank you for this. We are under so much pressure to own homes.

  • @sibusisiweblessedngwenya7437

    Thanks for sharing, this was very insightful. Could you please do a video comparing buying new development homes vs pre-owned ones

  • @katstix6572
    @katstix6572 Před rokem +1

    Thank you for this. At my big age of 34 I've been feeling trash that I don't own property but on top of all these pros and cons of owning you mentioned, I'm also a commitment phobe so tying myself down to 20 years is skwary 😵. Rent means even if I want a 4 bedroom place for 12 months, I can make it happen quick fast and switch back to 2 bedrooms ha ke batla 😂

  • @mahlomolamokhatla5270
    @mahlomolamokhatla5270 Před rokem +2

    I always wonder, if I have fully paid a house in an estate, then at some point I can't afford all the complex levies (or my children can't afford levies when one is no more)
    What happens?

  • @mmtn9043
    @mmtn9043 Před rokem

    Thank you so much my sister knowledge is wealth

  • @MissCombs1511
    @MissCombs1511 Před rokem +2

    I find this deposit part contentious. I don't think it's as simple or important as we say. It doesn't always make sense to pay a deposit. It might be wiser to put that money into an access bond. Just my thoughts..

  • @TheBAHUBSA
    @TheBAHUBSA Před rokem +2

    What a time to upload this video, with the repo rate going up for the umpteenth time😥

  • @joanashindumefitness5772

    Thank you God bless with more wisdom

    • @MapaloMakhu
      @MapaloMakhu  Před rokem

      ❤️❤️❤️ thank you so much sis 🤗

  • @phumezagaba4888
    @phumezagaba4888 Před rokem

    Is the R160 000 with the deposit or without the deposit? Thank you Sis

    • @MapaloMakhu
      @MapaloMakhu  Před rokem +7

      DepositR 100 000
      Bond RegistrationR 30 837
      Property Transfer R 27 549
      = Total initial costs R158 386

    • @phumezagaba4888
      @phumezagaba4888 Před rokem

      @@MapaloMakhu thank you 🙂

    • @MapaloMakhu
      @MapaloMakhu  Před rokem +1

      @@phumezagaba4888 most welcome Tribe 🤗

    • @joachimmilberg2313
      @joachimmilberg2313 Před rokem

      📍Nice video, love how you take your time to educate your viewers. Right now, I am enjoying a good life and touring round the world with what I made investing. Indeed ,building a Portfolio income(investing) through a licensed investment adviser is one out of many ways to earn passive income.

    • @stephenzouhir351
      @stephenzouhir351 Před rokem +2

      Do what everybody else is doing if you are okay with only having what everybody else has.Information that will pay you everyday, you've got to stop saving all your money.
      Venture into investing some, if you really want financial stability.
      Choose to grow and elevate your mind by studying audios, videos, attending conferences that will give you the edge!

  • @ntebalengsefahamela5851

    So Mapalo let me say that I am buying it cash

  • @paulamagaqa1752
    @paulamagaqa1752 Před rokem +3

    Adulthood...😮‍💨

  • @budoyzmapalo5776
    @budoyzmapalo5776 Před rokem

    Hello how are you mam