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Demand for rental property up by 76%

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  • Demand for rental property up by 76%

    Demand for rental property rose by 76% in the 12 months to the end of July.Latest research from property and letting agent, Your Move, also shows that tenant demand remains strong, with new leases in July rising 18% on June.The July increase was the biggest monthly rise seen this year and the trend for would-be [...]

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  • #2
    Demand for rental properties

    Due to the new National Credit Act in South Africa, there has been an increase in demand for rental properties here. The NCA has placed tighter restrictions on the borrowing ability of buyers' and the recent interest rate hikes have also raised the costs of buying one's own home, causing more people to rent property as they just cannot afford to buy their own home.

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    • #3
      Willr ental prioces come down as a result of the saturated market

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