David (TalkingCents)
David (TalkingCents)

@talkcentss

11 Tweets 5 reads May 10, 2022
PROPERTY in South Africa
The long term rental inflation in S.A is at 2.9%. (Since 2010)
In a rising rate environment, landlords costs are rising faster than inflation while their ability to pass costs onto tenants is basically non-existent
(Thread)πŸ‘‡πŸ½
1/ Rising interest rates
The cost of capital is increasing, while simultaneously failing municipalities are passing on their incompetence to homeowners.
2/ Renting Vs Buying
Should I rent and invest the difference?
3/ Flipping property
Is it as lucrative as I think πŸ€”
4/ Why the banks always win
Higher deposits, and paying more than the monthly minimum will give you a fighting chance.
5/ Make sure to Run the numbers
If it don’t make financial sense, run far away.
6/ Must read before buying
Great homework πŸ‘‡πŸ½
7/ Owning property
If you must own, don’t forget these tips
8/
Property, imo, is not a great investment like it was in the past.
Because:
β€’ Asset prices have risen quicker than real wage growth.
The money is made in lower cost housing, in older areas,and in multi- lets.
Thats it, that’s the tweet. Follow me @talkcentss for my property tricks and tips.
You can expect more:
β€’ Property deals
β€’ Asset class analysis
β€’ Investment ideas
Special offer for you,
50% off my property ebook.
Discount code: mayday
talkcents.gumroad.com

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