-
April 29 2021
Subscribe to an electronic version of the SA Affordable Housing magazine
SA Affordable Housing is a unique publication that is dedicated entirely to the subject of affordable housing in South Africa today. We address topics and issues relating directly to rural and urban infrastructure planning and development and the delivery of affordable housing. SA Affordable Housing does not support any view that lends itself to the construction of new […]
Read full post -
March 14 2021
FNB increases its affordable housing lending to help first-time home buyers
In a bid to help first-time home buyers own homes, financial services FNB has announced it has grown its lending book for affordable housing. The lending book was increased by 24% (R6.3 billion) year on year of the concluded mortgage deals in the income range of R3 501 to R22 000. Last year the lending […]
Read full post -
August 19 2020
Why a blanket approach to redressing spatial inequity is flawed
South Africa faces many problems: steady population growth, increasing unemployment, lack of adequate housing for the homeless, limited access to land by the poor and fragmented urban structures among them. Places of residence are far from places of opportunity for the poor. Many of these problems can be traced back to apartheid spatial planning. Merely […]
Read full post -
May 6 2020
Covid-19 impact on construction sector will be ‘catastrophic’
Industry Insight estimates that up to 140 000 formal jobs could be lost as activity levels nosedive The impact of the coronavirus on the construction sector will be catastrophic, unlike any economic shock the sector has previously had to endure, and result in it shedding an estimated 120 000 to 140 000 formal jobs, according […]
Read full post -
April 29 2019
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 […]
Read full post -
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 […]
Read full post -
February 27 2019
Affordable housing: what SA needs
The overarching definition used in describing affordable housing, is housing units that are affordable to a section of society whose income is below the neighbourhood’s median or average household income. However affordable housing comprises various types of housing and for South Africa’s cities to truly become inclusive, integrated and transformed, affordable housing in urban areas need to […]
Read full post -
September 7 2018
Why a policy expert says SA’s current phase of chaos is ‘normal’
South Africa is currently in a period of chaos – a normal phase to go through after years of neglect, corruption and weak leadership. This is the view of policy specialist Theo Venter of the North West University School of Business and Governance. He was one of the speakers at the Momentum Consult annual conference […]
Read full post -
October 3 2018
Making green affordable housing a reality
Nedbank Corporate and Investment Banking (NCIB) today announced that is has made the first disbursement from an innovative R120 million Sustainable Affordable Housing finance facility that was put in place through the collaborative efforts of Nedbank’s Affordable Housing Development Finance division, and South Africa’s Green Fund. The first recipient of funding from this facility is […]
Read full post -
January 16 2018
Unpacking affordable housing: What SA needs
The overarching definition used by Future Cape Town, a platform in Africa promoting democracy in the future of cities, is housing units that are affordable to a section of society whose income is below the neighbourhood’s median or average household income. “However,” says Future Cape Town Director, Rashiq Fataar, “affordable housing comprises various types of housing.” […]
Read full post
