Just a random thought but 20k in rent adds up to 2.4 mirions thrown into a pit in 10 ten years. Happy are those who got mortgages haha
Renting is very convenient for some of us
2.4 million is not a lot of money in 10 years.
You’ve probably spent more than that for your school fees; if you’ve been to private schools.
2.4 million won’t get you much of a house.
That’s like saying you have spent 2.4 million on food. Housing is a consumption item, just like food and clothes.
Parabbles:D:D:D
Atleast for not sleeping Outside for 10years is 2.4m
Did you have the 2.4m from the beginning to get you an alternative
Was about to ask a similar question.
Peasant everywhere…:D:D [[SIZE=2]take this comment lightly not to ruin your day[/SIZE]]
You will pay almost double for the same house to buy it.
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Peasants mbona mumecatch.
Ati umesema thrown in a pit. Kwani iyo time yote ulikua unaishi kwa miti?
Rent huwa haikuli pesa kama matumizi ya daily. Besides Kuna option, mtu hafai kuishi Kwa nyumba rent inamkula kichwa…
Kama two bedroom rent Iko juu na mujamaa ni bachela si anaingia tu ka bed sitter.
Rent should never be part of the budget inalipwa kama by the way…
naona kuna mtu hatawahi jenga.
if you are paying 20k rent, you can manage to build your own place. Ubaya ni watu kuwa selective na location
Food, shelter and clothing are human basics. If you spend on these, you’re losing nothing. You’re living. If I calculate the amount of food I have eaten for the past ten years, it will probably amount to millions of shillings.
Kwani pesa unatafuta ufanyie nini? Umalaya?
Long term renting for any amount above 15k is stupid, when you live in a place where houses can be bought on mortgage, and when your bank can allow you do get the mortgage.
Kenya is not such a country
Rent ni kutupa pesa
- Is there a mortgage for 20k and if is there what kind of a house is that you’ll pay for in say 10/15 yrs at 20k pm
- Time value of money-You are looking at the 2.4 million in the future at the current period. They are different in value terms.
- Where will you be living for 10yrs while saving the 20k?
It actually is. Civil education is what’s lacking. Visit Housing Finance and ask for the mortgage plans that have been ‘subsidized’ by the government through big 4 agenda. You may be surprised.