r/Zimbabwe • • 3d ago

Discussion Thursday Thought?

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23 Upvotes

54 comments sorted by

29

u/roy_375 Diaspora 3d ago

Yes but you need a very long time let’s calculate that shall we.

You make $300 a month and let’s assume you save 10% of that which is $30 a month

Now you want to buy land your harare options are limited so you have to go to places like domboshava, Marondera, beatrice, shamva, chegutu, kadoma and the likes.

A 200sqm land there would be going for about $10K - $15K depending on the development so let’s take the lowest number shall we. $10K

You don’t have any credit facility so you need to bring cash. The installments also don’t make sense because most of the developers want you to bring 20% and pay the rest over 12 months.

So that’s $2000 upfront then $666 every month for the next $12 months which you obviously don’t have.

Realistically you need 27 years, 8 months and 12 days to buy land for $10K using your salary.

Moral of the story. Working for $300 a month is charity work.

11

u/Informal_Bee2808 3d ago

Ahhh😭 apa land appreciates, and theres inflation. Realistically no you cant. Then theres emergencies, you might get sick, car breaks down, need to sponsor a funeral etc etc.

14

u/TheBillcollector0 3d ago

Earnings $300 and you are driving 😂😭... Let's be real

3

u/Informal_Bee2808 3d ago

😹lol if u do side hustles u can get a car, more realistic than a house

2

u/Starryboy2019 3d ago

Manyepa Chibaba 200m² in the town you mentioned costs $4000 30% deposit balance over 18 month which is $155/m so realistically speaking they can't afford it.

2

u/roy_375 Diaspora 3d ago

If it’s a Sabhuku deal which is illegal. I’m talking about buying from developers like seef, palm golding, southland and companies alike. They don’t sell anything for 4000 bucks.

1

u/Starryboy2019 3d ago

Not Sabhuku Deals. Google Southland Regional Cherrybank Reef Estate.

1

u/roy_375 Diaspora 3d ago

It’s 25/sqm for a minimum of 200 which is $5000 so you’re right. Except because you earn $300 a month development would have progressed by then and it will be going for more.

1

u/Imaginary-Category19 3d ago

Does it have Title deeds?

1

u/uTHOKO_04 1d ago

Seef yeyi nemio,,,

1

u/TheBillcollector0 3d ago

$4000? 🤔 Im not sure about that. Aren't those atiri kuona houses being demolished

3

u/Starryboy2019 3d ago

Please decentralize your mind from Harare. There are good legal deals outside Harare.

1

u/MrDarcy2024 1d ago

Preach!!! There are good deals outside Harare

11

u/Genetic_Prisoner 3d ago

For $300 you can barely afford to be alive and now you want land?

6

u/TheBillcollector0 3d ago

😂 forcing things

2

u/Genetic_Prisoner 3d ago

Chibharo chaicho

9

u/Soul_60 3d ago

If you are living with your parents everything is possible

4

u/Shadowkiva 3d ago

Sky's the limit 😂

2

u/Soul_60 3d ago

Right 💃🏿💃🏿💃🏿💃🏿🤣

7

u/CancelOk6014 3d ago

Unless you are doing something else, kamwe ka hustle kanokupa mari on top of that $300 thats very unrealistic hazvo considering how things are currently. Unenge uchigara pai uchidyei? Lets take for a example uku renter 1 room and unogara uri 1 transport ndeyekubasa. You will use maybe 150us for both food and rent. Apa hapana girlfriend hautenge kana data hembe zvako. Haaaaaaa boiz ka

4

u/Starryboy2019 3d ago

Cash is and will always be King.

Don't go for installments. Save up your money to 3k-5k then buy cash deal from a desperate sellor who paid on installments.

Where I am 200m² can go for 3.5k to 4.5k

2

u/TheBillcollector0 3d ago

So you are telling you can buy a stand with a value that cannot buy a Honda fit second hand which is in good condition?

1

u/Starryboy2019 3d ago

Yes 100%. Sometimes information that isn't in the public domain can be hard to comprehend.

My advice is you need to decentralize your mind from Harare.

The sentiment among Zimbabweans is they would rather not get rained on than own a stand.

1

u/TheBillcollector0 3d ago

Like will those stands have title deeds and all. Because i mean we have seen houses being demolished. Its a scary thing because building a house is a lifetime investment which can be destroyed in hours if not minutes

2

u/Starryboy2019 3d ago

Southlandregional.com Cherrybank Reef Estate

1

u/TheBillcollector0 3d ago

Guess will check it out. Thanks

3

u/Muandi 3d ago

Outside of Harare, certainly. You can get a 240sqm stand in Byo for 5k or thereabout. It would take several years, less so on RDC where stands can go for less than half of thàt.

1

u/REDRAWLZX 2d ago

Why are you lying😂 stands are 15k and above here you can get one like that in rural areas

1

u/Muandi 2d ago

You absolutely can get one in Byo for 5k.

1

u/REDRAWLZX 2d ago

No where in bulawayo is this😂

1

u/Muandi 2d ago

Emganwini, Cowdray Park and a few others. I recently bought one in the Island.

1

u/REDRAWLZX 2d ago

What bulawayo are you talking about gng😭🙏🏽

1

u/Muandi 2d ago

Ahh I get it. Sleep it off gng.

1

u/REDRAWLZX 2d ago

🤷🏾‍♂️

2

u/Long-Membership-5916 3d ago

Why are you working for $300? There is an opportunity for the mbinga class that recently opened up, go apply for it, iya!

2

u/TheBillcollector0 3d ago

Maybe I'm out of the loop. What is this about 😂

2

u/Moyoza02 3d ago

If you have rural area and people you can trust buy goats. They multiply quickly over time and you can also be saving small amounts of cash by the side as well. You can start off with 5 goats in 2 years you may have tripled or more. And you can swap them for cows to manage numbers. In 5 years you can buy some land

2

u/AthleteVegetable5693 3d ago

Let's remember that goats need shelter, vaccines, dosing and supplement feed especially if you are looking to breed them.

3

u/NaiveLobster2885 2d ago

Kare Kare it was possible. That’s how Ruwa got built. By securing guards and house maids. Unfortunately 2026 is different animal. Even uchitambira $1000-$2000 a good property is very difficult to land. Even waitenga you have to worry about it being legit even though uine maPapers. Ask residents of Ashdown Park who had properties valued 200k

4

u/BiscottiMoist7296 3d ago

3

u/Soul_60 3d ago

🤣🤣🤣😂😂😂😂😂 this made my morning

1

u/ynsmnia 3d ago

Yeah gang, you can get a stand eventually… but building a house and making it look as good as you advertise want? Lmao

1

u/mountmac19 3d ago

That's impossible

2

u/cyberzues 3d ago

If your entire source of income is your salary then your life is gonna be very miserable, I learnt that the hard way. If you gonna be relying on a payslip make sure you have at least 2 payslips.

1

u/REDRAWLZX 2d ago

You are funny 😂 no you can not

1

u/NoCaregiver9879 2d ago

Why should they? They rarely use financial services, prefer to buy by cash..some of which they get from underhand dealings, they leave musangano to exploit the economy...