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ANC Conference Agreed On Expropriation Of Land Without Compensation

ANC Conference Agreed On Expropriation Of Land Without Compensation

In a big step away from the South African Constitution which promotes expropriation with fair compensation to sellers, the ANC Conference agreed to make amendme

Banks Cannot Auction Off Repossessed Properties Without Reserve Price

Until recently homes that had been repossessed could be sold without a reserve price, often to the detriment of homeowners. This is set to change.

House Price Growth In 2018 Expected To Be Lower Than Inflation Due Economic & Political Uncertainty

It will be another year of heightened housing activity pressure in 2018, with property economists already forecasting below inflation growth for South Africa’s

Effects Of SA Local Currency Debt Downgrade On SA Property Market

This festive season is according to Shaun Rademeyer (CEO of Betterbond) set to be one of mixed fortunes for SA consumers and home buyers, with the positives bei

The Prospects for South African Property Market in 2018 – Role of Politics

Politics has of late been weighing very heavily on the South African economy - in particular the perceived frequent, conflicting political and economic policy p

Constitutional Court Dismisses Direct Access To Court For Home Loans Class Action Against Banks

An application for direct access to the Constitutional Court (ConCourt) on behalf of some 200 people, objecting to the conduct of the nation’s largest banks and

Banks Face R60 billion Claim For Selling Homes Of Defaulting Debtors At Prices Below Market Value

A joinder application seeking permission for 70 new applicants to join a class action suit against the nation’s largest banks and home loan providers has been f

Is Cape Town’s Property Market In A Bubble Phase?

According to John Loos, the FNB Household and Property Sector strategist, the significant increases in the price of houses near to Table Mountain in Cape Town

Junk Status Downgrade & The Effect on the South African Property Market

The rating agency S&P’s downgrade of South Africa to “junk status” means that the cost of credit will increase for all South Africans.
SA Dollar Millionaires Numbers Drop Due To Rand Devaluation - Where Do SA's UHNWI Live?

SA Dollar Millionaires Numbers Drop Due To Rand Devaluation - Where Do SA's UHNWI Live?

According to Credit Suisse Research Institutes Global Wealth Report the number of South African US dollar millionaires has declined by roughly 4% during 2015/6
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