We’ve decided to sell our house and rent an apartment instead. Now why would we do that? Basically, because we wanted to change our lifestyle to one that allows more freedom and less responsibilies. But in the process, (and this only came after we sold) I calculated whether we had made a gain or loss while holding the house. We bought it for R1,8m in 2004 and sold it in 2018 for R2,8m. Profit or loss? At an average of 6% inflation, the value of money halves every 72/6 years (the Rule of 72), that is…
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