Should You Rent or Buy a Property? | Francly Speaking

Is there a one-size-fits-all answer to the BIG question: should you buy or rent? Not quite. In this next episode of Francly Speaking, Cassidy Nydahl, our Head of Growth, chats to Seb Patel, COO at Franc, to unpack this complex question. 🏡💰

They weigh up the pros and cons of both options and break down the costs involved in each. Stay tuned until the end, because they'll reveal the 3 crucial questions you should ask yourself before making this BIG decision. 🤔💡

Timecodes:
00:00 - 04:26 Introduction to buying or renting (with examples of scenarios)
04:27 - 06:38 Advantages and disadvantages of tenting
06:39 - 07:16 Location as a factor: Cape Town vs Johannesburg
07:17 - 11:13 Advantages and disadvantages of buying a property
11:14 - 11:35 The costs of renting
11:36 - 14:35 The costs of buying
14:36 - 15:33 Maintaining your property and the importance of an emergency fund
15:34 - 20:50 3 Questions to ask before buying or renting
20:51 - 21:30 Outro

If you find today's episode intriguing – and trust us, you will – show your support by liking, commenting, or subscribing for more insightful episodes. 📈💬

About Franc: The team behind the Franc app is on a mission to make investing simple and accessible to all 💪 Download the Franc app, set a financial goal, use our in-app calculator and robo-advisor to find the right timeline, regular contribution and investment strategy for you, and start investing... all in 2 minutes!

Download the Franc app to set your financial goals: https://franc.app.link/set-up-a-goal
Visit the Franc website: https://shorturl.at/brwY2