THE CENTRE for Affordable Housing in South Africa states that there are 6 738 520 residential properties on South Africa’s deeds registry, valued at approximately R6.26 trillion. This compares to the total market capitalisation of the Johannesburg Stock Exchange of approximately R7trln. (Eight years ago, it was double this amount).
According to a recent household survey, there are 62 000 000 residents in the country with an average household size of 3.4 people, thus, there are an estimated 18 million households in South Africa.
It must therefore be assumed that the remainder of the population is housed in 11 000 000 homes, which is not on the
