Rehoming a key snag in Johannesburg’s R20bn housing plan
New homes may have to be found before property plan rolls out
Johannesburg's ambitious plans to upgrade existing apartment blocks in the inner city and build new residential accommodation have already resulted in the issuing of tenders worth R20bn. However, with the need to rehouse existing tenants, the plans may take a long time to come to fruition.
Johannesburg mayor Herman Mashaba said the city wants 500 dilapidated buildings to be transformed into affordable accommodation, including for students, within the next two years, saying that one of the biggest issues it faces is a lack of homes for hundreds of thousands of South Africans.