For many people, being able to buy their first property offers a sense of freedom, and it is something that most parents will undoubtedly hope their children achieve one day.The main thing is for children, who will grow into young adults, to understand the value of property, says Richard Gray, chief executive of Harcourts South Africa.
Whether you’re a homeowner or just looking to teach your children about the value of property, there are plenty of fun and educational ways to do so.
“Real estate is an essential part of our lives, and it’s never too early to start teaching children about it. By making it fun and engaging, we can help them understand the value of property and the responsibilities that come with it.”
One of the activities Gray suggests is playing real estate board games with your children.
“Board games like Monopoly, Cashflow, and The Game of Life can teach children about buying, selling, and investing in property in a fun way. These games provide an opportunity to learn about managing finances, negotiating deals, and making strategic decisions.”
Another fun activity he recommends is going on a property tour.
“You can take your children on a tour of your local neighbourhood or show them different types of properties online. This is a great way to introduce them to the different styles of homes, property values, and the features that make each home unique.”
