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Weekly Property News
Friday, 13 November, 2009 |
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FROM THE EDITOR |
Headlines: Countercyclical macroeconomic policies
are implemented when government decides to put the brakes
on exaggerated upswings and to step on the gas when there
is the threat of an economic downswing. The macroeconomic
policy choices from 2003 to 2007 supported an unsustainable
upswing. Instead of curbing bubbles in the financial and
real estate markets and stopping a debt-driven consumption
boom, government presented the economic upswing as a sign
of the success of its macroeconomic policies. It did not
matter that the industrial base of the country was crumbling
and that industrial workers were fast becoming an endangered
species. Thus according to Seeraj Mohamed. Do you agree?
Market updates: Some claim that housing in
South Africa has become 'unaffordable', that prices are crazy,
and that ultimately there must be a massive 'downward correction',
perhaps back to the dirt-cheap 1998/99 levels prior to this
decades property boom. But just how badly has housing
affordability really deteriorated? Housing's future
changing
Sectional title apartments has been the fastest growing sector
in the South African property market over the last
few years. No wonder that so many questions are raised on
what sectional titles entails and who is responsible for what.
This week we Cyberprop.com place four articles that will supply
answers to some of those questions;
- Who must clean windows?
- Pets in Sectional Title Schemes
- How can trustees deal with agreement breaches and anti-social
conduct?
- Trustees obliged to give sectional title owners access
to minutes of meetings if they want them and
to allow owners to attend trustee meetings
Enjoy!
The editor
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In
This Issue |
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Featured
Property |
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Port
Alfred, Forest Downs
Property Type: House - Large family home on double
stand. Maintenance Free
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CyberProp
Property Count: 13/11/2009 |
| Search
Now |
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Properties for Sale: 138,771
Properties to Rent: 10,611
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Real
Estate News International |
| Namibian
Real Estate sector firmer |
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NAMIBIAN real estate withstood the global economic
crisis despite the price instability experienced
in the South African market, a First National
Bank properties analyst has said...
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Local
News |
| House
Hunting in ... South Africa |
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The New York Times Great homes and destinations
- Market Overview
The market in South Africa was hit quite
hard by the global recession, said Sanett
Uys, the corporate affairs director for Colliers
International South Africa...
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| Housing's
future changing |
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Some claim that housing in South
Africa has become 'unaffordable', that prices are
crazy, and that ultimately there must be a massive
'downward correction', perhaps back to the dirt-cheap
1998/99 levels prior to this decades property
boom... |
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| Rawson
advises investors to stay with the local market |
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Bill Rawson, Chairman of Rawson Properties, has
added his voice to those of several high profile
commentators who have urged South African investors
to be cautious about taking advantage of the increased
offshore investment allowance...
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| Gearing
for commercial property gold rush |
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Alliance Group, a leading asset sales and services
company, has added four multiple auction dates
to its sale diary in response to the rise in demand
from private buyers and investors in the auction
room...
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| APKF
MD warns against increased crime over festival season |
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It is that time of the year again: if you have
survived the recession, still have one or two
rands in the bank and were not one of the fortunate
few who have just already had a holiday, the chances
are you are now planning a Christmas break away
from home...
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| Got
Linda Lovelace for a noisy neighbour? |
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How to put a stop to sexy moans, groans
JOHANNESBURG: A British woman this week lost
an appeal against a ban on her noisy sex sessions,
after the court agreed that marathon romps were
keeping the neighbours awake...
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| Bill
Rawson punts estate agency careers |
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Although more than half a million jobs are said
to have been lost in SA since the onset of the
late 2007/early 2008 credit crunch, relatively
few middle class unemployed people these days
consider becoming estate agents...
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| Coffee
of the highest quality could help sell homes |
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Although more than half a million jobs are said
to have been lost in SA since the onset of the
late 2007/early 2008 credit crunch, relatively
few middle class unemployed people these days
consider becoming estate agents...
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Focus
On |
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Search
For Properties |
Search for property in your area
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In
the Area |
The areas we are going to take a closer look at this
week are;
- Pretoria
- Pretorias new east
- Bedfordview
| In
the Area 1 - Pretoria |
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The third Quarter Tshwane Metro FNB Residential
Property Barometer pointed to a sizeable jump
in activity levels in the region during the third
quarter, after a very mild recovery since the
third quarter of last year. This suggests that
the region is beginning to feel the positive impact
of the series of interest rate cuts that took
place in the first half of 2009...
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| In
the area 3 Bedfordview |
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Property sales in upmarket residential areas
are up, reflecting renewed confidence in this
sector of the market...
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To
the editor |
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To the editor:
Dear Sir,
It seems that everybody is standing back
and saying that the proposed hikes are exuberant
etc, yet there seems to be nobody is taking
a stand and doing anything to actually challenge
these decisions. What can we do?
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When a large portion of the population are not
satisfied with political decisions they either
toy-toy or boycott that institution. Why cant
a national boycott be arranged of payment for
electricity be arranged or national protests on
an ongoing basis. However I feel that this will
be not the answer. The current crisis presents
an excellent opportunity for public Government
participation and allow private enterprise to
build power stations on behalf of ESKOM and sell
the electricity to the national supplier, this
is the campaign that the consumers should campaign
for and not punishing the public at large formal
administration and corruption.
I hope that you would support such a proposal
and publish this in your news letter.
Regards
Save South Africa Campaign
David. J. Griessel.
Founder
dgriessel@weblink.co.za
From the editor:
Well David, the Minister for Public Enterprises
Barbara Hogan dismissed all concerns yesterday
saying Eskom was "on track", and that
they would attend to its next tariff rise application.
Can we believe this? Or should the question be,
are we happy with this? If you support Davids
proposal send us your viewpoint or email him directly.
Share your comments with us by sending it to
news@cyberprop.com
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Sectional
Title News |
| Who
must clean windows? |
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Question:
In a sectional title complex or block of flats,
is the body corporate responsible for cleaning
the outside windows...
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| Pets
in Sectional Title Schemes |
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Sectional title schemes, particularly densely
populated ones often with little or no common
property gardens, may not be the ideal places
for pets. Yet many people living in sectional
title schemes, or considering moving into one,
consider their pets to be their best friends and
could not even dream of getting rid of them...
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| How
can trustees deal with agreement breaches and anti-social
conduct? |
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Sectional title apartments have been - and will
continue to be - the fastest growing sector in
the South African property market - and there
are significant cost benefits, convenience and
security factors that make these units a worthwhile
investment and/or a good place for people to live...
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News
From |
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