Nedbank warns demand for quality affordable housing exceeds supply
Cash-strapped consumers are shifting to rental stock, says the lender
14 September 2023 - 20:00
UPDATED 15 September 2023 - 11:55
Demand exceeds SA’s limited supply of quality affordable housing, and this is made worse by rapid migration to urban areas, warns Nedbank.
However, economic pressures emanating from the availability of land for development, power shortages, high unemployment and the higher cost of building material hamper the speedy delivery of affordable housing...
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