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Go Into Property With Limited Funds
Tuesday, February 06, 2007 (130 reads)
Many potential property buyers and investors are faced with an almost insurmountable problem - how to get into the property market. With home prices at record levels and prices still continuing to rise, even at a slower pace, those trying to enter the property market are battling.
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HIV-positive home owner takes on insurance giants after being refused cover
Monday, February 05, 2007 (117 reads)
Brett Anderson, a Cape Town HIV/Aids advocate, is preparing to take the insurance giants on after being refused life insurance on his house due to his HIV status.
Fatima Hasson of the Aids Law Project predicts that the matter will end up in court. According to Hasson the availability of antiretrovirals makes refusing cover due to HIV status unfairly discriminatory and she believes the issue may well end up in the Constitutional Court
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Bricks, mortar and social development
Monday, February 05, 2007 (122 reads)
The Johannesburg Housing Company (JHC), a non-governmental social-housing organisation, has brought 8000 new people to live in Joburg inner city. The JHC recently won the prestigious UN Habitat Awards and the Department of Housing’s Govan Mbeki award for best housing institution. 21 new buildings consisting of 2700 units have been refurbished and built by the JHC to date. On Pietersen Street in Hillbrow the JHC initiated and facilitated a social development project (eKhaya), health project and a building caretakers’ forum in order that the buildings renovated by them in the area are maintained and remain clean, safe places to live in. The JHC recently took over the restoration of Cresthill, a building on Pietersen Street, which had been taken into the City of Joburg’s Better Buildings project. Work on Cresthill has begun and is expected to be completed in March 2007.
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Land policy is a catastrophe
Monday, February 05, 2007 (124 reads)
Dr Chris Jordaan, manager of Property Rights, comments on the article “Farmers Must Initiate Reform” published on the 18th of January written by Roger Roman (director of Land for Peace SA).
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South Africa: Residential property gauge: How deep is the bottom?
Friday, February 02, 2007 (155 reads)
House price growth moderated to just 6.9% y/y in January from 18.5% y/y a year earlier, continuing a sliding trend in growth rates from the 35% y/y peak in October 2004. Clearly the housing market, along with other indicators of household activity, continues to show signs of moderation. Since buoyant household spending and borrowing seem to be part of the Reserve Bank’s key concerns and reasons for tightening monetary policy,
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Why Invest In Commercial Now? -
Friday, February 02, 2007 (139 reads)
Currently commercial properties are a better investment than residential properties and should be the cornerstone of an investment portfolio.
According to Lin Strauss–Minenza, CEO for Colliers Broking, currently commercial properties should be the cornerstone of an investment portfolio. "It should be noted however that there is a huge shortage of commercial and industrial investment opportunities at the moment," she says. "Therefore, the market will provide good returns over the next two to three years, provided you can find stock to invest in.
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Sa: Highest Property Returns 2001/5
Thursday, February 01, 2007 (125 reads)
South Africa recorded the highest property returns between 2001 and 2005, a global property index shows.
The Investment Property Databank (IPD) International Global Index launched in 2006 shows that while the average global property return in local currency terms was 15.5%, South Africa outperformed all global markets at 30.1%. Ireland came second at 24.3%.
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