Rent Vs Mortgage - What Is Easier?(mortgage Is Financial Suicide!)


[New Times]Let's be honest - if one bought a house at about Rwf 40 million and the national growth rate for Rwanda is 11%, 10 years from it will be worth Rwf 84 million. And here we haven't even calculated inflation because it will entirely depend on it as well. If you invested Rwf 40 million in a business, its growth can be about 20 times more than a house which the user always spends on and sometimes never sells.