Real reason for Cape Town’s high house prices

Real reason for Cape Town’s high house prices

Efficient Group chief economist Dawie Roodt said that Cape Town’s housing crisis is caused by the local authorities, which prevent rapid property developments.

 

[A3@MBB]

LOL
Dawie should rather stick to economics and leave town planning to the municipality

 

[Zellephant]

LOL
Dawie should rather stick to economics and leave town planning to the municipality

Is town planning not part of the economy?

 

[A3@MBB]

Is town planning not part of the economy?

Don't have some wood to fetch?

 

[Zellephant]

Don't have some wood to fetch?

All stocked up thanks. How about we stay on topic

 

[satanboy]

Thousands of South Africans from other provinces (like Gauteng) move to the Western Cape for better municipal governance, reliable service delivery, and lifestyle appeal.

Geographic Limits: The city is trapped between the Atlantic Ocean and Table Mountain, which strictly restricts physical outward expansion and keeps land supply tight.

Foreign and Luxury Investment: International buyers and digital nomads with stronger foreign currencies drive up demand and pricing, particularly along the Atlantic Seaboard.

Supply Constraints: City officials and economic analysts point to slow property development pipelines and zoning bottlenecks relative to the fast-growing population

 

[Newusername]

Dawie is an idiot, trying to create news and be relevant.

As it is there is too much cheaply built budget high density development in Cape Town.

The City is struggling with the amount of people already.

 

[EmmanuelGoldstein]

Dawie is an idiot, trying to create news and be relevant.

As it is there is too much cheaply built budget high density development in Cape Town.

The City is struggling with the amount of people already.

Yes and now has the gall to pay for sub here to punt his doomsday drivel

 

[EmmanuelGoldstein]