THE BIG READ
Emigration saps Gauteng house prices
Families leaving in numbers for other countries or the coast
Emigration is sapping local property prices, with the numbers of people leaving SA for foreign shores at a 10-year high, and Gauteng the province most negatively affected.
Emigration sales account for 13.4% of all sales in the second quarter of this year, also representing a 10-year high, says FNB.