DStv Channel 403 Thursday, 07 November 2024

More households opt to rent due to financial challenges

JOHANNESBURG - The housing landscape has changed, reflecting a shift towards rentals rather than ownership.

This is as high interest rates and economic constraints force more households to rent rather than buy homes. 

The rental market has seen vacancies drop to their lowest level since 2016.

Waldo Marcus from TPN Credit Bureau says this has implications for investors and property owners.

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