Housing: Choices, Safety & Interior is one of 8 topics in the Grade 12 Consumer Studies CAPS syllabus, covered across 3 lessons on Study Vault. Below are real practice questions from this topic with full worked answers.
Sample practice questions
Easy
1. Which of the following is a typical advantage of renting a home compared to buying?
Flexibility and lower upfront costs, such as a deposit plus one month's rent
Building equity/ownership in the property over time
Complete freedom to renovate the property however the tenant wishes
No possibility of the rent amount ever increasing
Answer: Flexibility and lower upfront costs, such as a deposit plus one month's rent — Renting typically offers greater flexibility to relocate and requires lower upfront costs than buying, though the tenant does not build equity.
Easy
2. A monthly loan repayment used to finance the purchase of a home, made to a bank, is commonly called a:
Bond (mortgage) repayment
Levy
Deposit
Body corporate fee
Answer: Bond (mortgage) repayment — A home loan used to buy property is called a bond (mortgage), and the monthly repayment on it is a bond repayment.
Medium
3. Name the South African government-subsidised low-cost housing programme, commonly referred to by an abbreviation from its origin, that provides housing to qualifying low-income households.
Answer: RDP housing — RDP housing, named after the Reconstruction and Development Programme, is South Africa's government-subsidised low-cost housing programme.