Page 38 - Kyalami Issue 4 December 2025

Kyalami Estates Corporate Brand Bible Design 26
3.0 Folder (Inner)
PROPERTY WISE

Why Renting can be a Smart

Financial Move

ISSUED BY PADDINGTON STATION PR ON BEHALF OF JUST PROPERTY GROUP

Owning property is still a deeply held goal for many or public transport, which they may not be

South Africans. A home represents stability, legacy able to afford just yet. It also gives you time
to improve your credit score, reduce debt,
research neighbourhoods and refine your
and long-term financial security. But the path to understanding of what you really want before
you buy.
ownership doesn’t need to be direct, and in some Renting offers far greater flexibility than

cases, it may not be the destination at all ownership: if your job changes, your needs
shift, or your circumstances evolve, moving
on from a rental is far less complicated than
selling a property.
enting is increasingly seen as a maintenance and security, all of which must
strategic financial decision. Whether be factored into your monthly budget.
you’re working towards a deposit A 2025 article in Forbes outlines four key
Ror exploring more flexible ways to Renters, by contrast, generally pay a single, considerations when weighing up whether to
grow your wealth, renting can offer the space, predictable monthly amount (in some cases, rent or buy. One of the clearest advantages
stability and financial control needed to build electricity, refuse and/or water and sewerage of renting, it says, is the ability to save
your future on your own terms. are separate, for the tenant’s account). aggressively or remain mobile while avoiding
They are also protected from the volatility of the commitment of a long-term bond. The
article also highlights the value of keeping
CONTROL AND PREDICTABILITY rising bond repayments and are better able your capital liquid in an unpredictable
Buying a home comes with major upfront to plan ahead with fairly consistent monthly economy.
expenses. Beyond the deposit, buyers must costs, and in most cases, major repairs and
also cover legal fees, transfer duty, bond maintenance are the landlord’s responsibility.
registration and bank charges. Together, STAY FOCUSED ON YOUR LONG-
these can add up to hundreds of thousands In South Africa, renting can also allow people TERM GOAL
of rands. And once the sale is final, the to invest in education, launch businesses The 2025 Emerging Trends in Real Estate
bills continue: rates, levies, insurance, and live in areas closer to work, schools report from PwC notes that affordability and

36 Kyalami Estates • CONNECT • Issue 4 • 2025