Own your home, or long term rental or AirBnB
But now we have a new take on the subject.
We sold our house about 5 years ago and have rented on an annual basis ever since. The result is that we are now living in our 5th rented property, a beautiful house in Knysna. Our garden flows into a forest and because the trees are on a steep downward slope, we look over them to the lagoon and, further away, the Outeniqua mountains. Paradise!
However, there are three downsides to this lifestyle.
- Every year, starting about 2 months before our lease expires, Helen goes through hell looking for the next place to live. There are lots of rentals available, but very few that are what we look for. We only found this one after we’d extended our other lease by a month and put an ad in the local newspaper. The ad, which said what rental we were prepared to pay, persuaded the owners to move into a retirement unit that they owned and use our rent to take frequent holidays. They’re happy, we’re happy. But by April next year the whole problem starts again (we are adamant that we will keep moving, because we want variety and new experiences).
- The search is made worse by the fact that Knysna is a holiday destination and most of the best properties are owned by foreigners who want to fly South every summer and are not prepared to let their property over December through January.
- The other downside is that these upmarket rentals are hellishly expensive. Plus we have to pay for water, electricity and garden service.
Helen came up with a brainwave –
- Next year, we are going to put most of our stuff in storage and rent AirBnB on a monthly basis.
- We’ve already rented the storage (because it is in very short supply) and a single garage size only costs R1 250 a month.
- If you rent AirBnB for a month you get huge discounts. For a modern 3 bedroom house, we’ll save about 1/3rd of our rental and won’t have to pay for water, electricity and garden service.
- We can book a place for 2 weeks time (I’ve tested it), so no last minute scrambles.
- In season the Knysna AirBnB prices go through the sky, so we’ll go somewhere else. Johannesburg looks like a good bet. Jo’burgers all head off to Durban, Plett, Knysna etc, so the AirBnB prices drop through the floor and the weather is great!
This looks like the final step to freedom. With this idea, we can live just about anywhere in the world and if we don’t like somewhere, we can move on. If we like it, we’ll stay another month.