Boom or bust?

Semigration (semi-immigration) is a term that’s often found on property websites. But what is it, you may ask? In a nutshell, it refers to the increasing trend of relocating from one part of the country to another without leaving its borders, usually in an effort to escape escalating crime, the hustle and bustle of bigger cities, or to chase better job prospects.

There has been an increasing trend in recent years for Gauteng residents to pack up and head for the “greener pastures” of the Mother City. Not to mention people fleeing severe drought and high unemployment in the Eastern Cape to try their luck here and in Gauteng. But what does that mean for Cape Town, bearing in mind that we suffer from aging infrastructure, we’re in the midst of a long-running energy crisis, there are thousands of homeless and many people are on years-long waiting lists