Marcel Deacon
Here’s what June property data tells us about South Africa’s
20 July 2020 | 0 replies
Here’s what June property data tells us about South Africa’s recovery“BetterBond statistics show that there continues to be interest in buying residential properties among South African consumers and, most significantly, that the banks are keen to lend to prospective buyers who are in good standing financially,” Coetzee said.https://businesstech.co.za/news/trending/407725/heres-what-june-property-data-tells-us-about-south-africas-recovery/
Marcel Deacon
Latest South African property news update on the market
20 July 2020 | 0 replies
SOUTH AFRICA - PROPERTY NEWSThe South African property market in 2020: Positive prospects despite pandemicArticle summary:There is reason for optimism, despite an economically and politically tumultuous 2019, followed by the corona pandemic-plagued 2020.Interest cuts early in 2020 have lowered the cost of monthly repayments, and made home ownership a more attractive prospect.A burgeoning young population is ready to enter the market, providing a ready-made market for buy-to-let investors.https://www.ooba.co.za/resources/property-market-south-africa/
Tyler Baldwin
Biden introduces plan to increase taxes on Real Estate investors
13 November 2020 | 215 replies
However, grade-level performance of minorities (especially African-Americans) keeps dropping.
Todd Powell
BP post got me fired!
10 September 2020 | 183 replies
@Todd Powell had a family friend some months ago who was on vacation in Australia and made a private FB post of a in poor taste South African joke that any South African from Durban would totally relate to, but, someone got hold of it and spun this thing out on FB and then onto youtube as rampantly racist, and it went viral world wide.
David J.
Unfair madness! Landlords getting hosed.
24 August 2022 | 166 replies
At the height of the protests, we had "BLM" protestors up and down the streets for many days advocating to get rid of her under the implication that she somehow supported police brutality against minorities (she's African American mind you).
Gerrit Oosthuizen
South African (Covid19) discount properties
25 April 2020 | 4 replies
The South African property market is ripe for the picking.Let me know what and where do you think is the most promising opportunities for the remainder of 2020?
Amber Gonion
St. Paul follows Minneapolis lead in limiting landlord rights
18 June 2020 | 11 replies
They keep moving it. ..Title Creating Chapter 193 of the Legislative Code (Title XIX) pertaining to Tenant Protections...BodySection 1WHEREAS, under City Council RES 89-1273, the Council directed the creation of a fair housing workgroup to make policy and budget recommendations “with the goal of eliminating housing disparities, lowering barriers to affordable housing, and ensuring access to economic opportunity in the City of Saint Paul”; andWHEREAS, under City Council RES 17-2064, the Council directed the development of a fair housing strategic plan “to continue to research and work with housing partners on strategies to further Fair Housing goals such as...improved tenant protections, Tenant Remedies Actions, Advance Notice of Sale policy, gentrification studies, just cause eviction, non-discrimination policies, and others”; andWHEREAS, under City RES 18-1204, the City Council acknowledged that “the housing crisis in our city and region, and the urgent need to address the crisis as our population grows,”; and WHEREAS, in 2019 the City created the Affordable Housing Trust Fund, with five objectives: to meet the needs of those with the lowest incomes by increasing supply; to invest in low and moderate income residents by investing in existing supply; to explore innovative approaches to meeting housing needs; to build wealth for residents and communities; and to promote fair access to housing for us all; and .WHEREAS, in 2019, the Office of Financial Empowerment, which housed the Fair Housing Coordinator Position, was created and subsequently developed the framework for a citywide fair housing strategy identifying decreasing housing displacement, increasing housing access and affirmatively furthering fair housing as the overall objectives; and WHEREAS, Tenant Protections is one of four focus areas including education and engagement, enforcement and compliance, and preservation and production, to address strategy objectives based on the current housing landscape; andWHEREAS, stagnant wages, skyrocketing rents, a lack of affordable housing, and a consistently low housing vacancy rate are making it harder for Saint Paul residents to find housing and to afford it over time; and WHEREAS, the number of renters has increased by 12 percent from 2000-2016 and the City of Saint Paul has now become a renter-majority city, with 51% (57,621) of City residents being renters; and WHEREAS, renters are disproportionately people of color and are disproportionately representative of individuals from low wealth backgrounds; andWHEREAS, demographically 83% of African-American households are renting, compared to 41% of White households; and WHEREAS, more than half of our renter households earn 60 percent or less of the Area Median Income, and more than half of our renter households of color earn 30 percent or less of the Area Median Income; andWHEREAS, in St.
Richard J Reid
International Investor Looking To Network
7 July 2020 | 10 replies
Will connect with you for sure there is a lot of interest in the US market from Southern African Investors.
Thomas Jordaan
Investing as a foreigner
13 July 2020 | 1 reply
Being South African and working overseas I have next to no knowledge about investing in the American real estate industry.
Jessica Franco
Any South Africans on BP?
22 June 2020 | 13 replies
Hello, I'm looking to connect with fellow Saffa's on BP. I was born in Pretoria, went to school in Pietermaritzburg and the South Coast until I moved over to the States. My husband and I are looking at possibly purcha...