Latest News & Developments
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Crisis: Young South Africans can't afford homes as first-time buyer age soars to 37
If affordability challenges persist and younger buyers are locked out of the property market, the country risks increased pressure on rental markets, less long-term wealth generation among youth and potentially a shrinking base of future homeowners.
South Africans need more than just improved salaries to get onto the property ladder
Many South Africans are adopting a wait-and-see attitude in an uncertain environment, with multiple headwinds. This means salary earners might opt to be conservative and keep on renting as opposed to buying a property,
'Please support students amid housing crisis' NSFAS urges accommodation providers
NSFAS calls on accommodation providers to collaborate in supporting students as it announces improvements to the accommodation claims process.
Employees need at least 5% salary increase just to maintain spending power - tax expert
Given the recent Budget's impacts on South Africans plus unchanged interest rates, consumers are in for a hard time.
BUDGET 2025: transfer duty threshold increase good news for buyers, VAT increase not
A mixed bag for property and a warning that an increase in VAT will impact already cash-strapped consumers, particularly those who can ill afford it.