Property value is governed by a few fixed factors. Here are some of the factors which influence the value of your property investment.
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This is a serious dilemma facing lending institutions, as the implications could be far reaching if credit amnesty is approved by Cabinet as proposed by the Department of Trade and Industry (DTI) and the National Credit Regulator (NCR).
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In the wake of the recession that hit South Africa hard from 2008 to 2009, the market and consumer confidence seems to be slowly but surely strengthening. Even though the annual growth rate of the country is expected to remain below 3%, there appears to be more confidence in the recovery of economic stability. The question remains though – is there a light at the end of the tunnel? Analysts fear that there is no prospect of world markets returning to ‘normal’ any time soon.
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