Balwin Properties: Worth the risk in this gloomy economy
There are glints of optimism that the real estate market may be bottoming out
03 December 2019 - 12:00
With little good news in the SA property market over the past decade, it seems counterintuitive to be writing about mid-cap stock Balwin Properties.
The saying that real estate investing is as "safe as houses" hardly applies in this prolonged economic slump. Real house prices, factoring in inflation, have only seen a 5% return since 2008...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.