February 15, 2009
Despite real estate agencies trying to convince you differently, real estate prices are further to drop in 2009 and only in 2010 will there be a slow improvement.
The year-to-year decline of property prices in South Africa was 15,3% and the consensus is that at leats a further 5% decline will happen in 2009:
“Price deflation for [...]
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February 7, 2009
The Daily Mail reports on British model Caprice Bourret being crashed by her 2006 South Africa real estate developments. At that time she bought a house in South Africa because she was launching her lingerie range there. She bought the house in Bryanston for a price of £300,000 and spend £400,000 making it twice as [...]
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