Weekend Argus Saturday

Locals outpriced in hot property market

housing

Local first-time homebuyers and your every-day renters in Cape Town are having a tough start to the year as they jostle for a piece of the real estate pie with flush returning-home South Africans, plus foreign digital nomads and investors whose currencies go further than the ailing rand.

Could this be the beginning of a new type of housing crisis on our shores? Not only are some areas becoming highly unaffordable for locals in areas

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