“South African households have experienced notable pressure on their real income in recent months. Accelerating inflation has eroded their real purchase power. A more restrained credit environment has also retarded consumers’ spending ability.”
Standard Bank economist Goolam Ballim (IOL: Petrol price hike ‘will fuel debt’)
Real estate businesses with more than R2.5 million in annual turnover must become BEE compliant by 2025 or risk not being able to renew their FFCs.
The introduction of the PPA brought an acute focus on B-BBEE in the property sector, and two years later, we ask yet again, has the industry really transformed?
Home buying activity levels have slowed in the current high-interest rate environment, but several key indicators point to a residential property market poised for a gradual recovery.
Inspections are a crucial safeguard for everyone involved. They protect both the landlord and tenant while making it easier to avoid arguments and blame-shifting.