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Edition 18 of 2007, Friday, 11 May 2007
Dear Reader
The nominal house price growth is forecast to be 13,1% in
2007 compared to the growth rate of 15,3% of last year, 2006, this
according to ABSA. Various factors were taken in mind of which the
expected rise of the inflation rate was one.
"What good is an African-inspired building when most black
people in the city can't afford to live in it?" This is one
of the questions asked regarding a new condo currently under construction
in New York. The exterior of the building is designed to evoke the
tribal art of the Ndebele tribe of South Africa and inside the apartments
have recycled bamboo floors.
Many houses, especially in older areas have asbestos roofs,
gutters, floors and so on, which owners dont realise. And
when renovating or cleaning their roofs they havent the foggiest
that the effects can be harmful to themselves, contractors, workers
and even their neighbours. Asbestos what?
Gansbaai, a traditional fishing village about 40km from the ever-popular
resort town of Hermanus, offers excellent property value.
Boasting a number of small bays with miles of unspoiled beaches,
nature reserves with over 1500 species of Fynbos, ancient Milkwood
forests, rocky inlets, caves and spectacular views across Walker
Bay, it is also a well-known whale watching and great white shark
viewing destination. Pat McLoughlin from Chas Everitt says that
property in Gansbaai offers excellent value.
www.places.co.za
takes us to Gansbaai in Focus on Gansbaai, Western Cape, South
Africa.
Investors often ask the question of where they should be buying
in order to gain maximum capital growth in the current commercial
property market. Tony Bales, from experienced commercial property
dealmakers, Bales Delaporte, says that the answer is theoretically
easy. Read more in our CyberProp.com
blog
Enjoy!
The editor

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