Commercial property value declining in cities
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JOHANNESBURG - Municipalities are there to ensure basic services are provided to communities.
When there's a lack of service delivery, it can encourage non-payment of key services.
Piles of garbage alone in our cities are a reflection of municipal maladministration.
WATCH | KZN property market bounces back after challenging years
Now, imagine how poorly run municipalities can further impact the commercial property market.
So, how do badly run municipalities affect the commercial property market?
John Jack, CEO of Galetti Corporate Real Estate, discussed this with eNCA.
Commercial property value declining in cities (2)
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Commercial property value declining in cities (4)
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Commercial property value declining in cities (6)
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