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1 million houses? Politicians make bizarre promises as they seek votes
Outlandish. It means looking or sounding bizarre. And it’s a word that seems singularly appropriate at this time of frenetic electioneering aimed primarily at working people – employed and unemployed, urban and rural – who form the bulk of the electorate. Extravagant – outlandish – promises are the stock of the political elite as they […]
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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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Over R20 billion investment awaits with release of more properties for development
On Monday, 1 April 2019, the City of Joburg, through the Joburg Property Company (JPC), released the prospectus of yet another 97 properties for mixed-use development. The prospectus has been made available on the City of Joburg’s website (see here: https://we.tl/t-xNKPsZPrys) and that of the Joburg Property Company. These properties are said to have a total […]
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