ARTICLES Archive

LAND EXPROPRIATION – FRIEND OR FOE? – 26 October 2020

Earlier this month, Cabinet approved the Expropriation Bill and sent it to Parliament for adoption. This prompted a revived deluge of negative press, fears of government-approved land grabs and visions of a fast forward to Zimbabwe-style land losses. No such perceptions are warranted or correct, as the short discussion below highlights…

RESIDENTIAL RENTAL MARKET STILL PRESSURED BY WEAK ECONOMY, LOW INTEREST RATES – 29 October 2020

With the home buyers’ market buoyant and still being driven by sharply lower interest rates, the September Consumer Price Index (CPI) inflation numbers continue to point to a battling residential rental market which is being hampered by tenants who are financially pressured by a deep recession and ‘outcompeted’ by the home owner market due to the dramatic reduction in interest rates earlier this year…

THE PITFALLS OF NON-REGISTERED AGENTS – 21 OCTOBER 2020

With the summer holiday season approaching, areas along the coastal region will experience an influx of non-registered agents offering deals that are too good to be true on managing clients’ holiday rental properties. The trouble with this is that these clients will have little to no legal recourse against these agents if they turn out to be con artists…

Why a recession is actually a good time to buy property – 29 October 2020

Now on Level 1 lockdown, it is hopeful that South Africa is on the path to economic recovery, however, there is still some way to go, with the economy anticipated to shrink by 7.8% this year. In terms of the property sector, the knock-on impact is that buyer confidence is low – something that cannot be attributed solely to the pandemic…