Mpingana Dax

Graphic designer, my views are personal and do not reflect the views of my employer

[GwaShoombe @2tuuuuuuu]

I think the whole Namibia knows this verse. Jericho is a Goat🔥🙏🏿

[Mpingana Dax @MpinganaD]

Don' t I know it.

[Rebaone Moilwa @rebzs1]

🤞🏿

[Mpingana Dax @MpinganaD]

@SizweDhlomo The guys got told kak jong.

[refilwe🫦 @mofo_refilwe]

One thing about me, I'll survive. Complaining the entire time, but I'll survive. 😭✋🏽💀

[Mpingana Dax @MpinganaD]

@niiyuma_yamiti @Milla__K This is 100 percent what I would do🤣

[Mpingana Dax @MpinganaD]

@Black_Jesus1 I think we are experiencing the after effects of inadequate planning in terms of projections. We just need more development outside of Windhoek

[Mpingana Dax @MpinganaD]

@Black_Jesus1 Depreciating asset vs. appreciating asser. A car loses value over time, and houses increase in value over time. The way it looks like the only way to even out the playing field is to provide for housing to make prices more realistic for more people

[Mpingana Dax @MpinganaD]

It's frightening how many of them are betting their lives on gambling and luck

[kgadi♠️ @Kgadi_yaMoloto]

Boy children aren’t so eager to persue higher education hey? 🥹

Their lacklustre behaviour towards everything is also very alarming.

The person who told kids they could live off trading or sports betting did so much damage 🫠 ..it’s heartbreaking.

[kgadi♠️ @Kgadi_yaMoloto]

Boy children aren’t so eager to persue higher education hey? 🥹

Their lacklustre behaviour towards everything is also very alarming.

The person who told kids they could live off trading or sports betting did so much damage 🫠 ..it’s heartbreaking.

[Mpingana Dax @MpinganaD]

You'd be surprised that this kind of support saves relationships 99 percent of the time.

[Maryam @hell_line0]

Just watched a video where a woman writer shared how her mum came over to help. Her mum did all the housework, laundry, cooking, cleaning,nd childcare so she could focus. During her mum’s stay, writer TRIPLED her daily word count.
Then she said something that hit hard. Most men have this kind of support their entire lives. Next time you call a man productive, consider that..

[Maryam @hell_line0]

Just watched a video where a woman writer shared how her mum came over to help. Her mum did all the housework, laundry, cooking, cleaning,nd childcare so she could focus. During her mum’s stay, writer TRIPLED her daily word count.
Then she said something that hit hard. Most men have this kind of support their entire lives. Next time you call a man productive, consider that..

[Kayilula @MekondjoKondja]

Yes. Affordability does stop people, but Banks are just selling you the property at a repayment (sum) based on future projections of what the value will be by the time (20, 15, 5 years later) you make your last payment, because that is the point when you've actually bought the property.

If it's a depreciating asset, by the time you finish paying it, it's worth way less than the price of those years ago, therefore they charge only the price + the cost (interest) of having their outstanding money (loan).

(Interest in layman's terms is birthed from the principle that there is a foregone opportunity to make money elsewhere with my money that you have, so you may as well be that opportunity.)

If it's an appreciating asset, by the time you finish paying it off, it's worth way more than the price of 20, 15, 5 years ago, therefore they make sure you buy the property at today's price, not at the price of 20, 15, 5 years ago.

We need to understand that we don't buy the property at the first installment, but the last. Then you get to realize the price you're paying is what that property is worth at that point when you settle the last $.

If you're buying cash, you pay N$800k right now as that is what it's worth right now. If you're going to finish your payment in 2046, that's the point you'll buy the house, so you'll pay around N$1.8 million - the projected value that property will be by that time.

You'll see that when you pay cash, you only pay the price at that point. When you pay in a short period, say 10 or 5 years, the repayment sum is also less than the one for 20 years. You'll get why if you compare how much a property was worth in 2020, 2015, 2010 and 2005.

Those who bought properties in 2005, 2006 would tell you the properties they are paying off this year, that are worth, say around N$1.8 million today were worth around 500k in 2006.

The question is, should I (Bank or Markus) leave you (Shikongo) with a property worth N$1.8 million that you're only finishing to pay off now (buying only now), and I must benefit only N$500k?

That's the whole meaning of Appreciating and Depreciating Asset.

We should interrogate the Affordability of properties as it goes back to that. If we question the payment period, we may as well include the repayment period of furniture, TVs and phones (2 years, 1 year, 6 months) in the conversation and ask why we aren't allowed to pay off houses and cars in 12 months if we can pay off beds in such a period.

[NtsikiMazwaiMedia @ntsikimazwai]

Why can’t you afford your own basic needs? His contribution should just be a cherry, not the entire cake boo. Check yourself

[4mi ❄️ @scorsesebabyyy]

Niggas start speaking like passport bros when they speak about township women

[Itumelanin @Itumelanin]

“Start a business.” ~ Government official who has never run anything but their mouth their entire working career.

[Mpingana Dax @MpinganaD]

@Sipho_Says Imagine !

[Mpingana Dax @MpinganaD]

@gabiikela Yeah. I jumped ship last month.

[Simmy 🇳🇦 @simeonaccount]

Your first employed girlfriend is going to change your whole perspective about relationships.

[Mpingana Dax @MpinganaD]

@BiancavanWyk16 He really doesn't see that everyone is laughing at him.

[Mpingana Dax @MpinganaD]

This level of delusional

[Bianca van Wyk @BiancavanWyk16]

Peet Viljoen in the US begging to be deported back to South Africa after making several videos about how white people in South Africa were being persecuted because of the colour of their skin in South Africa. 🤡

He was granted a deportation order.