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To rent or to buy - that is the questionThe decision to rent or buy a residential property in South Africa hinges on several factors. It's not a one-size-fits-all situation. Your current life stage, financial situation, and personal circumstances all play a crucial role. Selling a property? Consider these costs It’s well known that there is no such thing as a free lunch and similarly there is no such thing as selling a residential property without incurring some costs.Rate cut brings relief for homeowners and a boost for buyers The South African Reserve Bank’s Monetary Policy Committee announced last week that interest rates had dropped by 0.25%, bringing the repo rate to 7.25% and the prime lending rate to 10.75%.