Real Estate Investor Magazine May 2024 Edition | Page 101

INVESTOR INTELLIGENCE hering the ilemma in South ons , Pros & Cons

The decision to rent or buy a residential property in South Africa hinges on several factors . It ' s not a one-size-fits-all situation . Your current life stage , financial situation , and personal circumstances all play a crucial role . Paul Stevens ,
CEO of Just Property , looks at the options and weighs up the pros and cons .
Many South Africans dream of owning their own homes . The sense of pride and the ability to build equity by paying off a bond holds significant appeal . Yet , renting offers flexibility and convenience that better suits certain periods in our lives and certain lifestyles . Ultimately , the choice boils down to your individual needs and priorities , but let ’ s take a deeper dive .
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