National Credit Act

Property Ownership becoming more expensive

Posted by Gino S on June 19, 2007 // 2 Comments

The dual effect of raising interest rates and ever increasing property prices means that South African households will now have to earn around R36 000/pm to afford an average sized house. According to ABSA’s latest house price data an average sized home will now cost you about R920 000. Since the implementation of the National [...]

Category : National Credit Act &Property News