28 May 2006

What R20 000 A Month Gets You

Here's an ad for townhouse in Higgovale going renting for R20 000 a month:
Unfurnished 3 bed 2 bath, seperate toilet townhouse with stunning views. Open plan lounge / diningroom. Kitchen with scullery. Large balcony, double parking bay, security and braai.
But why not save R5000 a month and get a better house in Camps Bay for R15 000 a month:
Beautiful, clean, secure, modern unfurnished home for long lease. Available immediately. 3/4 bedrooms, 2 bathrooms, pool, double garage, garden, views, very close to the beach.

1 comment:

Anonymous said...

Come now.... you're missing the point on this one....

Give it 20 years living in the 1 - you'll have saved 5000pm for 20 years.... VS buying - you'll own a property worth some bling.

Apples with apples please... (and no, I'm not punting property.... agree whole-hartdly on 3% rental yields being rather low)