If you’ve ever wondered how much kroon you would have to earn to live in a larney suburb, like Clifton, wonder no more.
The answer is at least R300 000 per month.
Lightstone‚ a property research company‚ has compiled a breakdown of just how much money you’ll need to live like a boss.
If you want to buy a house in Khayelitsha, and drive a second hand kar, you’ll need to earn about R6 300.
But if you’re aiming for the larney suburbs of Clifton and Llandudno, with its mountain and sea views, you’re gonna need a whole lot more moola.
To rub shoulders with the filthy rich in your R11million mansion, you’d need to earn a salary of about R390 000 – a month.
Lightstone based its data on a mortgage that would account for no more than 30 percent of your gross monthly salary.
And for cars‚ they chose to cap expenses at 20 percent.
It’s suggested everyone should start playing the Lotto.