NEWS

  • October 2 2019

    HOUSING CONSUMER PROTECTION BILL, 2019, INFORMATION SESSIONS

    Dear Colleagues, On 13th of August 2019, Cabinet approved publication of the Housing Consumer Protection Bill, 2019 for public comments, prior to being recommended to Parliament for final approval and promulgation. The proposed Bill has now been published in the Government Gazette (See attached) and information sessions will be held with interested stakeholders, throughout the […]

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  • September 16 2019

    The Housing Consumer Protection Bill, 2019

    This Bill was published on 30 August 2019 by the Minister of Human Settlements for public comment.  Any interested persons or institutions are invited to submit written comments or representations with regard to the draft Bill within 60 days of the publication thereof to the Director General of the Department of Human Settlements in Pretoria […]

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  • August 22 2019

    Affordable Housing Survey

    If you are active in the affordable housing space please assist SAARDA with this short Affordable Housing Survey. There are only 12 questions to which you must respond. Your answers will remain confidential but will be of great value to SAARDA in establishing the nature of activities of developers, contractors and other role players in this […]

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  • July 11 2019

    SAPOA questionnaire on COJ’S Inclusionary Housing Policy

    The South African Property Owners Association (SAPOA) noted the approval of the City of Johannesburg’s Inclusionary Housing Policy by Council on 21 February 2019. After the mandatory implementation of the policy on 23 May 2019, in new residential developments comprised of 20 dwelling units or more, a minimum of 30% of the total units must […]

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  • June 5 2019

    How Eskom maimed SA’s entire economy

    It isn’t difficult to find the main culprit behind South Africa’s biggest economic contraction in a decade: Eskom. Gross domestic product slumped an annualised 3.2% in the first quarter, after expanding 1.4% in the prior three months, as a series of power cuts – courtesy of Eskom – hammered manufacturing, mining and agricultural output. The […]

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  • May 10 2019

    The unaffordable ‘affordable’ housing market – Part 1

    South Africa’s massive housing backlog increase can be attributed to a combination of growing population, smaller household sizes, the migration of economically active people from rural to urban areas and high unemployment levels which are acerbated by low growth economic conditions. While there have been numerous media reports detailing these aspects of the crisis, what […]

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  • May 10 2019

    The unaffordable ‘affordable’ housing market – Part 2

    In 1994 government’s RDP programme was targeted at indigent households earning up to R3 500. The graph below indicates annual consumer price inflation (CPI) since 1994. In 1994, R3 500 equates to R14 834 in 2018 in terms of purchasing power (purchase price parity). However, government’s subsidy programme for free housing has not been adjusted […]

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  • April 18 2019

    Housing Finance in South Africa

    Against a backdrop of a sophisticated banking system, South Africa benefits from a well-developed housing finance sector and property market. A majority of the residential property market – 58 percent at the end of 2017 – includes homes valued at less than R600 000 (US$41 695). About a third of the total residential property market […]

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