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Podcast: The Talking Point
Episode: TPN Residential Monitor
Description: We turn our attention to the residential property market. Despite the financial challenges facing most South Africans, 83.32% of tenants are in good standing as of the end Q1 2025. This is really good news given South Africa’s spiralling unemployment figures, and the exponential costs of living. Residential rentals are growing - 40% of South Africans rent their homes. This figure is likely to increase given the Reserve Bank’s recent decision to lower interest rates. However, the increase in households seeking rental accommodation has led to greater demand, making it far more difficult to find affordable accommodation. To unpac...