Largest migration of property owners is still Gauteng and Western Cape
South Africans are playing real-estate checkers as property confidence in some of the country’s upmarket suburbs fluctuates.They’re migrating to provinces that offer better career prospects‚ quality of life‚ ease of travel and secure estate living.Those with money to invest are not only casting their eyes to the popular Western Cape but also snapping up top-end properties on KwaZulu-Natal’s north coast‚ according to a well-known property group.Property research company Lightstone Property recently unpacked which provinces South African homeowners are migrating to. It analysed the buyer behaviour of repeat homeowners over a five-year period."A quick glance at the data confirms the finds of Statistics SA with more than 15% of home-owners once residing in Limpopo‚ Mpumalanga and North West moving to Gauteng. This could be indicative of people who are looking for better job opportunities and career growth in a bigger metro such as Gauteng‚" Lightstone Property found.Lightstone found tha...
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