The journey from renting to owning is one of the biggest financial leaps South Africans face and for many, one of the most overwhelming. Rising living costs and complex finance decisions often stop people before they even start.
In the media release below, Paul Stevens, CEO of Just Property, breaks down how prospective buyers can move from fear to confident action. Using insights from Stats SA, the Reserve Bank and Lightstone, he explains why property ownership remains a powerful wealth-building tool, especially for first-time buyers.
He explores the emotional and financial stability that comes with owning a home, the rise of younger buyers (who made up almost 30% of 2024 transactions), and the key wealth drivers equity, leverage and tax efficiencies. Stevens also offers practical guidance on affordability, debt management, saving strategies, co-ownership, and the First Home Finance subsidy
