n Professional Accountant - Corporate sector has a role in alleviating housing crisis

Volume 2011 Number 1
  • ISSN : 1680-7537


Extracted from text ... By Tom Hohendorff The housing shortage in South Africa has moved beyond a crisis point, with an estimated 7.5 million people in need of adequate housing. In the low-income market - around 2 million people earning between R1 500 and R7 000 per month - there is an estimated shortage of 625 000 houses, expected to rise to 747 000 by 2010. While South African banks do appear to have some degree of commitment to finding a solution, and areactively engaging amongst themselves and with government on ways to share the risk associated with home loans for low income earners, ..

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error