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Property News - 25 August 2016

FROM THE EDITOR

Word from Jawitz Properties is that property is and continues to be a good investment in South Africa despite the current negative perceptions about the state of the country and that in the current market, with property prices growing by 6-8%, location is the key to a good buying decision. Read more in Is property a ‘good’ or ‘safe’ investment in South Africa, and why?

Berry Everitt, CEO of the Chas Everitt International property group believes that the message is clear in SA as well as other parts of the world that a large percentage of modern homebuyers want to leave the car in the garage most of the time - or even live without a car - and are prepared to pay a premium to do so. In The walkability trend we take a look at how walkability could increase the value of your home.

We end Woman’s month by taking a look at How women are re-shaping real estate. According to Jan Davel, MD of the RealNet estate agency group, the increase in the number of single women buyers is in line with the progress SA is making in gender equality and the economic empowerment of women.

Enjoy!
The editor

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In the News this week


Is property a ‘good’ or ‘safe’ investment in South Africa, and why?

Is property a ‘good’ or ‘safe’ investment in South Africa, and why?
Property is and continues to be a good investment in South Africa despite the current negative perceptions about the state of the country...
Is property a ‘good’ or ‘safe’ investment in South Africa, and why?

The global rise of multigenerational and dual living - how to make it work for you here

The global rise of multigenerational and dual living - how to make it work for you here
Tough economic conditions globally are increasingly forcing people to look for innovative housing solutions, and among the most popular current trends are dual living that provides a rental income stream and multigenerational living that cuts down on costs...
The global rise of multigenerational and dual living - how to make it work for you here

The walkability trend

The walkability trend
Walkability – or the ability to get around without a car – is the current “big thing” in residential real estate, and can substantially increase property values in areas that offer residents shops, restaurants, schools, parks and public transport within comfortable walking distance of their homes...
The walkability trend

Good and Bad Debt, and how to Manage it

Good and Bad Debt, and how to Manage it
Good debt is generally debt that attracts a tax deduction because it has been used for a tax-deductible purpose such as acquiring an income-producing asset like a rental property or shares...
Good and Bad Debt, and how to Manage it

Real Estate Is and Always Will Be about People

Real Estate Is and Always Will Be about People
The peak home buying years are between 25 and 45 years old. The sheer size of the millennial generation should mean a peak in home sales and a good time for realtors...
Real Estate Is and Always Will Be about People

How women are re-shaping real estate

How women are re-shaping real estate
Single women are now estimated to account for more than a quarter (27%) of all home purchases nationally – and the real estate industry is increasingly taking note of their needs and preferences, different as these are from those of single men or people buying more traditionally as a couple...
How women are re-shaping real estate

Liability for levies when units are sold

Liability for levies when units are sold
When a sectional title unit is sold, the pro rata ordinary or general levies for the period remaining of the current financial year automatically becomes the responsibility of the new owner, according to the Sectional Titles Act...
Liability for levies when units are sold
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Focus on Port Elizabeth, Eastern Cape

Focus on Port Elizabeth, Eastern Cape
Multi-million rand investment in Port Elizabeth is raising the profile of the city, which, despite being South Africa’s fifth largest, has been a well-kept secret in terms of its value for money real estate...
Focus on Port Elizabeth, Eastern Cape

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Plenty of choice in Plett for the not-so-rich and famous

Plenty of choice in Plett for the not-so-rich and famous
Beautiful Plettenberg Bay is not just about the multimillion-rand seafront mansions on Beachy Head Drive – it also has plenty of more affordable property options for the increasing number of middle-income South Africans who want to make this Graden Route town their home...
Plenty of choice in Plett for the not-so-rich and famous

Johannesburg's rental market boom subdued by over-supply in some areas

Johannesburg's rental market boom subdued by over-supply in some areas
The rental market in many parts of South Africa has experienced a boost as the economic downturn makes it increasingly difficult for cash-strapped South Africans to buy property but many areas in Johannesburg instead experienced challenging times as rental demand has been dampened by oversupply due to rampant development...
Johannesburg's rental market boom subdued by over-supply in some areas
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