In the good old days, when SA house prices were regularly outpacing inflation, it didn’t really matter where you staked your claim. Whether you bought a property in Joburg’s old-money enclave of Westcliff or nouveau riche Waterfall Equestrian Estate, you’d have been pretty much assured of turning a decent profit on resale a few years later.

That’s no longer the case.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now