Renting vs Buying a House (Good & Bad Side) – Meekasa Property Show

Before you buy or rent a house, it’s always wise to make a decision basing on not only your financial situation but also on other key points. In this video, Kamya D. Timothy takes you through the good and bad sides of renting and buying or building your own house. Enjoy!

▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬

0:00 - Intro
02:21 – Advantages of Renting
02:25 – It’s Easy & Cheap to shift to another house
03:19 – You don’t need to buy furniture, sometimes
04:32 – Predictable Monthly Expenses (Rent + Bills)
05:49 – Less or No Fees to be paid

07:16 – Advantages of buying or constructing your own house
07:25 – Sense of Ownership
09:36 – It gives you room for Planning
10:42 – Can be used as collateral
11:24 – Privacy & Security

12:08 – Disadvantages of Renting
12:28 – Abrupt rent increase
13:48 – No modifications or Makeovers allowed
14:40 – Abrupt evacuate notices
14:45 – Trouble in getting back your security deposit

20:19 – Disadvantages of buying or constructing your own house
20:28 – Buying a house is HARD!
21:20 – Lots of Bills & payments to make
22:44 – You can easily lose the house + your installments
24:57 – Its very expensive (in terms of money & time)

When to Buy / Build or Rent a House:
- Make a Decision
- See how much you’re willing to spend
- Check your cost estimation
- Check how long do you plan to stay in the same place

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Meekasa Property Show: +256 (0) 786 415 550
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