A BALL PARK FIGURE Trying to finalise a soccer world cup balance sheet is going to take time – perhaps as long as it takes to reap the benefits; maybe longer. Was it worth it? Of course it was!
CARPE DIEM The residential property market must seize the moment, taking advantage of the goodwill derived from the World Cup to promote this country’s advantages and attractions.
RUNNING OUT OF STEAM Analyses differ around the country and between the various data capturing entities as to the extent of house price growth. But generally speaking the market could be peaking.
BIRTH OF THE BLUES The great soccer event did not promote property purchases. Rather, potential buyers were too busy having a good time. But we’re getting back to normal.
CUTTING EDGE The positive effect of cumulative interest rate cuts by the Reserve Bank has worn thin. Lower mortgage bond rates would make a big difference to the housing market.
ENTER THE TURBO RAND For how long will the rand stay on its upward climb? That’s the big question. It helps importers and frustrates exporters. Organised labour says the currency must be weakened – but how?
MOVING OFFSHORE
Central London property has swept aside the UK value slide and continues to power ahead. Demand is outstripping supply. PGP offers two opportunities to South Africans.
SOUTH AFRICA CALLING…
Foreign property buyers have been few and far between as the global recession hit the pockets even of the well-heeled. That there are few if any restrictions on foreigners is a plus.
WORD OF MOUTH
A cautionary tale - changes to agreements in writing must also be in writing. Verbal variations may be agreed but they won’t necessarily stand up.
GROWTH POTENTIAL
Listed property is still attractive as an investment, in spite of a dip in income streams. But commercial property remains under some pressure as the economy lags.
