As part of the response to the coronavirus, the governments’ significant reduction of interest rates, the lowest in 50 years, has boosted the home ownership market. It manifested as a catalyst for recovery of a struggling pre-Covid sector, but the added benefit is that it opened up a market for the youth who are literally driving this […]
The Youth are Driving new Trends in the Property Market Read More »
Wealth and status have long been a very effective buffer against many of life’s trials and tribulations, but Covid-19 has been the great leveller with no-one being exempt from the subsequent restrictions and fundamental changes to what was considered ‘normal life’. So says Chris Cilliers, CEO and Co-Principal for Lew Geffen Sotheby’s International Realty in
Hottest New Luxury Home Trends Read More »
For property investors, a buy-to-let property is the most favorable strategy. Before executing other strategies, new investors often think it’s an easier choice. However, investing into a buy-to-let requires a lot of hard work. Apart from being a property investor, you now are also a landlord – which is a role that comes with a
Mutual Landlord Headaches and Ways To Resolve Them Read More »
Unless you’ve been living under a rock with no internet or cell reception, you will have been bombarded with cute, adorable, clever tiny house ideas. But is there any place for the tiny house movement here in South Africa, where most of the population live in ‘houses’ that would make a tiny house seem uber-luxurious?
Tiny Houses – Away With the Fairies, or a Seriously Good Idea? Read More »
Whenever I make the call for positive leadership in South Africa, to liberate the country’s incredible potential, what fascinates me is the criticism I receive for my naivety. People point to the challenges South Africa faces, and it’s certainly true they exist: GDP growth is at 0.8%, youth unemployment at 54.7%; we have a bloated public sector wage bill
Things are Bad and Getting Worse for South Africa. Or Are They? Read More »
Between 30% and 50% of the high net-worth individuals (HNWIs) around the world are planning to buy at least one additional luxury property within the next 12 months, compared to just 20% a year ago, according to the latest research conducted by Luxury Portfolio International© (LPI) and Leading Real Estate Companies of the World© (LeadingRE).
Luxury Real Estate is Back as ‘Most Favored Investment Options for HNWIs’ Read More »
Seeff has clinched over R178 million in sales to foreign buyers across the Atlantic Seaboard and City Bowl alone over the last four months alone including a luxury villa in Fresnaye sold in December for R36 million to a buyer from Dubai. The property will be their holiday home. Ross Levin, managing director for Seeff Atlantic
Foreign Property Buyers Eye SA to Escape Lockdown Blues Read More »
2021 will herald the largest global vaccine programme since the launch of the Global Polio Eradication Initiative of 1988. Vaccinating enough people to ensure herd immunity will be fraught with challenges. Aside from the logistical difficulty of manufacturing and distributing billions of vaccines, the threat of vaccine nationalism could become self-defeating, thwarting a recovery of
Adviceworx – Investment Outlook Read More »
We know that – as a country, and as property developers – we have failed to effectively and equitably utilise South Africa’s resources. Land use is illogical – based on narrow perceptions, and still subject to the legacy of colonial and apartheid spatial planning – and decidedly inequitable. We know that we have to change
Are intentional communities a viable investment? Read More »
If 2020 taught us anything about life in general, it was that the only certainty is uncertainty. For property predictors, who are annually canvassed by Private Property for their take on the forthcoming year, there is some obvious caution yet optimism prevails. As a collective, the property agency heads interviewed for their 2021 predictions present
Estate Agency Heads Reveal 2021 Predictions Read More »