Pros and cons of investing in property

Shaping up: Gaborone's housing market is among the country's fastest growing PIC: BASHI KIKIA
Shaping up: Gaborone's housing market is among the country's fastest growing PIC: BASHI KIKIA

Onkemetse can remember her mother saving all her money to buy bricks to build her house. She built it room by room as she could afford it, and now she has a home that is spacious enough for Onkemetse, and family to visit. Her mum does not owe any money on her home, so she knows her future is safe and secure. She is also very happy because she knows she will be able to leave her children an asset when she passes.

Onkemetse wants to buy her house today, but she does not have the same patience that her mother had, and doesn’t have the land where she wants to live. She can’t save and build step by step. Should Onkemetse apply for a mortgage loan?

Is buying property a good debt?

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

Have a Story? Send Us a tip
arrow up