TOM EATON: Fears for Camps Bay as middle class horror looms
'Because once you allow gentrification to take hold‚ the next thing you know bohemian gallery owners are having babies with coffee-shop entrepreneurs'
10 October 2017 - 07:28
When the City of Cape Town announced this week that it had sold five hectares of the Atlantic Seaboard to private developers for R1-billion‚ there were cries of alarm. Some were horrified that the city could sell public coastline to private tycoons. Others noted that the city is allocating only R100-million of its vast windfall to affordable housing and wanted to know where the other R900-millon will go. A few remained highly suspicious of the deal‚ pointing out once again that the developers are personal friends of mayor Patricia de Lille.
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