Could Cape Town be the next global city to resort to bed-sharing rentals for lack of good and affordable long-term rental stock?
This question lingers as the city's long-term rental market reaches unprecedented levels of insanity, with properties disappearing from listings within hours, especially in the most wanted areas. This is especially true for this time of the year, when short-term lets peak from December to March, as the tourism season booms, says Chad Shapiro, sales and marketing manager