Middle-class South Africans are struggling since the majority of their wealth is tied up in their physical property and retirement savings.
I know, it feels like dire times, and yet the luxury property market is absolutely booming.
If you’re a buy-to-let landlord, the latest numbers coming out of the Atlantic Seaboard do not make for pretty reading.
With more and more tenants defaulting on rental payments, and an increase in vacancies, many landlords find themselves under immense pressure.
While a number of sectors brace themselves for economic strife post-lockdown, some in real estate are cautiously optimistic.
South African property owners could probably use some, given that news on that front has been pretty terrible for a while now.
If you’re keen to dabble in some luxury property, this is the best buyers’ market in decades. Who has R25 million or so to play around with?
When it comes to the South African property market, some parts of the country are doing better than others.
With steady year-on-year growth and some prime real estate, there’s plenty of movement in their real estate market right now.
If you’ve just popped your house on the market, you might want to check out what the latest House Price Index has to say.
It must be tough living in North Korea – there’s no Facebook and a red scarf is almost mandatory. Let’s have a look at the living conditions, shall we?