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Renting Frees Your Money For Other Income Generation Projects – Samson Kasumba

Posted by: Suubi Anne in Celebrity September 23, 2022

NBS news anchor, Samson Kasumba, has said he doesn’t understand why people despise renting. In his view, renting frees money for many other income-generation projects.

He says till now, he has never understood why a 35-year-old would own a house worth 450million.

“When you speak to the right people you know why renting is a very good thing to do. It frees your money for other income-generating projects. I have never understood why someone 35 owns a house of 450 million. The house produces no income at all. Many things I do not click.”

On reading this view, a number of people were divided; some supported him while others did not.

“This is what I have to tell youth whenever I get an opportunity. Why would you have a 250m house and yet have no daily income? That’s poverty. Rich people use their monies to create lots of streams of income and after stability they build mansions,” a one Edward Himbisa said.

“If you have never built anything like a house you can’t understand what @SamsonKasumba is talking about. Building cost is a one-way expenditure. U put in money that never comes back! But this shouldn’t alter you from building. Build after getting a steady income,” a one Mugabe Ronald said.

“Also when you speak to the right people, u understand why Mulago has more boda boda casualties than cars. I like your poor man’s thinking capacity though. When you calculate the money u have spent on rent at 35, you would realize you could be a landlord too with that little money,” a one class leader said.

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