Heinrich Amushila: Pros and cons of collective property buying
We are diving into a groundbreaking move in Namibia’s property market — the FNB Collective Buying initiative. For the first time in Namibia, groups of up to 12 people can team up to buy property together, pooling resources to break through the financial barriers that have long made homeownership feel out of reach for many.
Whether it’s families, friends, or business partners joining forces, this scheme promises lower costs, shared responsibilities, and new pathways to owning homes, investment properties, or even student accommodation. But as exciting as it sounds — what are the real benefits and what are the potential pitfalls?
To unpack all of this, we are joined by a housing expert Heinrich Amushila who’ll help us weigh the pros and cons of collective property buying and guide us on how to manage the risks involved.
