Driven by the low interest rate and favourable mortgage lending climate, South Africa’s housing market is currently experiencing a post-lockdown bounce-back – especially in the low to middle-income suburbs, according to Samuel Seeff, chairman of the Seeff Property Group. For neighbouring SADC countries, however, its been a mixed bag, he says, as these real estate markets are diverse, often with high interest rates and large rental components affected by factors such as a decline in income, business closures and expat departures.
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