Categories: Stories

Mortgage book featured on Metro FM

The Insider today made a major breakthrough when our book- How to buy a house for half the price was featured on Metro FM, one of the national radio stations in South Africa.

Metro FM is owned by the South African Broadcasting Corporation.

This was the first time the book had received airplay. It was reviewed in the COSATU magazine Shop Steward last year.

The book is a comprehensive guide to buying a house in South Africa and was written after the publisher of The Insider read a story in a Sunday paper that 450 000 people in South Africa were likely to lose their homes because they were failing to pay their bonds.

The books offers advice on how one can save thousands by just making small incremental payments on one’s bond without stretching oneself.

It is avaiablwe through Kalahari Books.

The South African book was an expansion of the original book entitled: How to buy a house for less than half its price, which was written for the Zimbabwean audience in 1994 and was made recommended reading for finance students at the National University of Science and Technology in Bulawayo.

That book was inspired by a series of questions the author asked himself when he bought a house and a friend bought a car.

The author started asking why he was being asked to pay for the house in 25 years while his friend was asked to pay up the car in three years yet the price of the two was the same.

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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