tag:blogger.com,1999:blog-274302212009-12-04T13:31:00.655+02:00A look at the Cape Town property market.CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.comBlogger622125tag:blogger.com,1999:blog-27430221.post-79353675105182319492009-12-02T15:24:00.004+02:002009-12-02T15:35:36.849+02:00When I heard about the <a href="http://www.iol.co.za/index.php?set_id=1&click_id=13&art_id=iol125974616128">$1 000 000 World Cup rental</a> I knew immediately it could only be one property: <a href="http://www.pamgolding.co.za/property_search/property_detail.aspx?onshow=&cboProvince=WCPE&propertyid=/95/270/229948&Start=&Offset=10&lstProperties=U_21475&cboMinPrice=0&cboMaxPrice=500000000&cboBedrooms=0&cboBathrooms=0&chkAmenities=|&txtResType=&farm=false">this 5 bed Clifton mansion on the market for R80 000 000</a> (check the umbrellas).<br /><br />Now this property I've been aware of for a while. Every few months Pam Golding includes it as part of their pull out property feature. It's been on sale for YEARS. Hell I remember at least 4 years back when it was on the market for R40 000 000.<br /><br />And a final thought: What's the point of renting a beach side mansion <span style="font-weight:bold;">in the middle of winter</span>?<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-7935367510518231949?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/p1IRBWFf4o-t5rQzFAtISOPQ_1o/0/da"><img src="http://feedads.g.doubleclick.net/~a/p1IRBWFf4o-t5rQzFAtISOPQ_1o/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/p1IRBWFf4o-t5rQzFAtISOPQ_1o/1/da"><img src="http://feedads.g.doubleclick.net/~a/p1IRBWFf4o-t5rQzFAtISOPQ_1o/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/Wv8wCXoTE-I" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com4http://capetownbubble.blogspot.com/2009/12/million-dollar-world-cup-rental-on-sale.htmltag:blogger.com,1999:blog-27430221.post-81545409991519728692009-11-28T09:00:00.001+02:002009-11-27T23:39:55.187+02:00Sea Point reporter JP wrote in<br /><blockquote>Noticed today 3 estate agencies are now empty - Anne Porter, ERA and Chas Everitt. Not sure if they closed for good or moved to smaller offices..</blockquote><br />What's the status of the Great Real Estate Cull in your area?<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-8154540999151972869?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/H8sRt9jVV4hlC4sGJWUC-0iEyOw/0/da"><img src="http://feedads.g.doubleclick.net/~a/H8sRt9jVV4hlC4sGJWUC-0iEyOw/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/H8sRt9jVV4hlC4sGJWUC-0iEyOw/1/da"><img src="http://feedads.g.doubleclick.net/~a/H8sRt9jVV4hlC4sGJWUC-0iEyOw/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/YWvpPGBvezQ" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com16http://capetownbubble.blogspot.com/2009/11/saturday-open-thread-great-real-estate.htmltag:blogger.com,1999:blog-27430221.post-30417089598155263842009-11-25T18:56:00.004+02:002009-11-25T19:09:55.584+02:00Here's <a href="http://capetown.gumtree.co.za/c-Flat-House-Real-Estate-vacant-land-properties-for-sale-Senator-Park-Flat-for-Sale-W0QQAdIdZ169224652">an ad for a bachelor in Senator Park</a>, in Long Street:<br /><blockquote>Bachelor Flat overlooking Long Street.<br />Needs some TLC<br />Great Investment Opportunity<br /></blockquote>But before you put in that offer...<br /><a href="http://www.iol.co.za/index.php?set_id=1&click_id=&art_id=vn20091125040815422C732004">Senator Park - 'hell hole of a place' </a><br /><br /><blockquote>"Sometimes you hear terrible screaming and the next day you see blood all over the walls."<br /><br />It's just one of the horrors a Senator Park tenant has experienced in the "hell hole of a place".<br /><br />The tenant in the Keerom Street building, who does not want to be named for fear of reprisals, said despite attempts by security services and managers to curb problems, the situation had become unbearable.<br /></blockquote><br /><br />So yeah.. needs some TLC... and a bullet proof vest when you go to collect the rent.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-3041708959815526384?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/bTHqxyrsqAAH_RZaP1j4uFW0p48/0/da"><img src="http://feedads.g.doubleclick.net/~a/bTHqxyrsqAAH_RZaP1j4uFW0p48/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/bTHqxyrsqAAH_RZaP1j4uFW0p48/1/da"><img src="http://feedads.g.doubleclick.net/~a/bTHqxyrsqAAH_RZaP1j4uFW0p48/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/0wqX8lSmlew" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com1http://capetownbubble.blogspot.com/2009/11/senator-park-needs-some-tlc-and.htmltag:blogger.com,1999:blog-27430221.post-43606246318015699632009-11-21T10:49:00.000+02:002009-11-21T10:50:00.060+02:00It's the Saturday Open Thread.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-4360624631801569963?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/DWPZWixfkpWLgf6yoigLZq72PMc/0/da"><img src="http://feedads.g.doubleclick.net/~a/DWPZWixfkpWLgf6yoigLZq72PMc/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/DWPZWixfkpWLgf6yoigLZq72PMc/1/da"><img src="http://feedads.g.doubleclick.net/~a/DWPZWixfkpWLgf6yoigLZq72PMc/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/HxxBCcGWR5M" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com19http://capetownbubble.blogspot.com/2009/11/saturday-open-thread_21.htmltag:blogger.com,1999:blog-27430221.post-70055205324696418642009-11-14T12:26:00.001+02:002009-11-14T12:29:37.809+02:00It's the Saturday Open Thread!<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-7005520532469641864?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/8lkKtC2WJZ5yZNq14cvQ34ZGQ50/0/da"><img src="http://feedads.g.doubleclick.net/~a/8lkKtC2WJZ5yZNq14cvQ34ZGQ50/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/8lkKtC2WJZ5yZNq14cvQ34ZGQ50/1/da"><img src="http://feedads.g.doubleclick.net/~a/8lkKtC2WJZ5yZNq14cvQ34ZGQ50/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/da5Qwu0UpvA" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com27http://capetownbubble.blogspot.com/2009/11/saturday-open-thread.htmltag:blogger.com,1999:blog-27430221.post-1853106151642386192009-11-13T12:40:00.004+02:002009-11-13T12:53:46.158+02:00<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_9qEK0Gs8x1s/Sv06ovNoSSI/AAAAAAAAArU/JznEmcNz_i8/s1600-h/797669k_20.jpeg"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 200px; height: 154px;" src="http://2.bp.blogspot.com/_9qEK0Gs8x1s/Sv06ovNoSSI/AAAAAAAAArU/JznEmcNz_i8/s200/797669k_20.jpeg" border="0" alt=""id="BLOGGER_PHOTO_ID_5403539599457274146" /></a>Remember <a href="http://capetownbubble.blogspot.com/2009/02/milnerton-royal-carlisle-developers.html">Royal Carlisle</a>? They're <a href="http://capetown.gumtree.co.za/c-Flat-House-Real-Estate-vacant-land-properties-for-sale-Royal-Carlisle-Milnerton-Immediate-equity-available-W0QQAdIdZ166506347">STILL trying to sell units</a>, despite being "80% sold out" after the block was completed in May 2009, by basically admitting that early buyers (who bought for between R650 000 - R690 000) just watched R100 000 - R130 000 vapourise into thin air.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-185310615164238619?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/_N7CAqn2EDa8foecDHO91c20hyU/0/da"><img src="http://feedads.g.doubleclick.net/~a/_N7CAqn2EDa8foecDHO91c20hyU/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/_N7CAqn2EDa8foecDHO91c20hyU/1/da"><img src="http://feedads.g.doubleclick.net/~a/_N7CAqn2EDa8foecDHO91c20hyU/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/u0qu8XyKQyw" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com1http://capetownbubble.blogspot.com/2009/11/royal-carlisle-early-buyer-you-just.htmltag:blogger.com,1999:blog-27430221.post-30104124135306975032009-11-07T12:37:00.003+02:002009-11-07T12:40:29.255+02:00It's the beginning of the traditional Summer selling season in Cape Town. Lots of stock coming onto the market means lots of stock has to sell or languish during winter when the winter lull in March rolls round. It's make or break time for a lot of agencies.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-3010412413530697503?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/MSM-tSbIhGViqIYmzH9ycU-UEc0/0/da"><img src="http://feedads.g.doubleclick.net/~a/MSM-tSbIhGViqIYmzH9ycU-UEc0/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/MSM-tSbIhGViqIYmzH9ycU-UEc0/1/da"><img src="http://feedads.g.doubleclick.net/~a/MSM-tSbIhGViqIYmzH9ycU-UEc0/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/XRREIu3pl_A" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com5http://capetownbubble.blogspot.com/2009/11/selling-season-start-open-thread.htmltag:blogger.com,1999:blog-27430221.post-53585492564572355752009-10-31T11:40:00.001+02:002009-10-31T11:40:54.185+02:00It's the Saturday Open Thread. Go Cheetahs!<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-5358549256457235575?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/t9EZgY2LjMU1HlXRA_c8TJSQTxk/0/da"><img src="http://feedads.g.doubleclick.net/~a/t9EZgY2LjMU1HlXRA_c8TJSQTxk/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/t9EZgY2LjMU1HlXRA_c8TJSQTxk/1/da"><img src="http://feedads.g.doubleclick.net/~a/t9EZgY2LjMU1HlXRA_c8TJSQTxk/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/fRXLfLKhT2s" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com17http://capetownbubble.blogspot.com/2009/10/saturday-open-thread_31.htmltag:blogger.com,1999:blog-27430221.post-19649144973211278402009-10-24T13:25:00.001+02:002009-10-24T13:26:43.821+02:00It's time for the Saturday Open Thread. Jeez, when am I going to start posting actual content?<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-1964914497321127840?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/SUh4cmNUzQx4QyfNfCLia3Gvuyk/0/da"><img src="http://feedads.g.doubleclick.net/~a/SUh4cmNUzQx4QyfNfCLia3Gvuyk/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/SUh4cmNUzQx4QyfNfCLia3Gvuyk/1/da"><img src="http://feedads.g.doubleclick.net/~a/SUh4cmNUzQx4QyfNfCLia3Gvuyk/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/gyHfdR4JYDk" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com22http://capetownbubble.blogspot.com/2009/10/saturday-open-thread_24.htmltag:blogger.com,1999:blog-27430221.post-47365965670094212292009-10-17T13:50:00.002+02:002009-10-17T13:55:35.752+02:00It's Saturday and the open thread. Also... WP JOU LEKKER DING!<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-4736596567009421229?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/O6srLJxRsfixT5VYp_ikrx5jb5s/0/da"><img src="http://feedads.g.doubleclick.net/~a/O6srLJxRsfixT5VYp_ikrx5jb5s/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/O6srLJxRsfixT5VYp_ikrx5jb5s/1/da"><img src="http://feedads.g.doubleclick.net/~a/O6srLJxRsfixT5VYp_ikrx5jb5s/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/uTHnc3jO9D4" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com14http://capetownbubble.blogspot.com/2009/10/saturday-open-thread_17.htmltag:blogger.com,1999:blog-27430221.post-80058727608084497832009-10-10T16:17:00.000+02:002009-10-10T16:18:44.326+02:00It's the Saturday Open Thread... you really should be outside though.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-8005872760808449783?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/sB04qPHH-tbFOVoWf1NEeMO5JCU/0/da"><img src="http://feedads.g.doubleclick.net/~a/sB04qPHH-tbFOVoWf1NEeMO5JCU/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/sB04qPHH-tbFOVoWf1NEeMO5JCU/1/da"><img src="http://feedads.g.doubleclick.net/~a/sB04qPHH-tbFOVoWf1NEeMO5JCU/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/gPokptR3ZpM" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com7http://capetownbubble.blogspot.com/2009/10/saturday-open-thread_10.htmltag:blogger.com,1999:blog-27430221.post-42966499975307948712009-10-03T11:19:00.000+02:002009-10-03T11:20:21.783+02:00It's the Saturdau open thread, although with this weather I'll understand if you prefer to be outside than commenting on blogs.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-4296649997530794871?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/nRV71z89ZJ_exS8nW3ns_CqV2CA/0/da"><img src="http://feedads.g.doubleclick.net/~a/nRV71z89ZJ_exS8nW3ns_CqV2CA/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/nRV71z89ZJ_exS8nW3ns_CqV2CA/1/da"><img src="http://feedads.g.doubleclick.net/~a/nRV71z89ZJ_exS8nW3ns_CqV2CA/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/uDcgxOehOAw" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com8http://capetownbubble.blogspot.com/2009/10/saturday-open-thread.htmltag:blogger.com,1999:blog-27430221.post-28938562364308090482009-09-26T23:12:00.000+02:002009-09-26T23:14:59.505+02:00Better late than never... it's the Saturday open thread.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-2893856236430809048?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/W9maZfLRVuiNRPEQglzm6WmrCKM/0/da"><img src="http://feedads.g.doubleclick.net/~a/W9maZfLRVuiNRPEQglzm6WmrCKM/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/W9maZfLRVuiNRPEQglzm6WmrCKM/1/da"><img src="http://feedads.g.doubleclick.net/~a/W9maZfLRVuiNRPEQglzm6WmrCKM/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/tEP5ys8AwUE" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com2http://capetownbubble.blogspot.com/2009/09/saturday-open-thread_26.htmltag:blogger.com,1999:blog-27430221.post-21740841517349078842009-09-19T09:19:00.000+02:002009-09-19T09:19:00.463+02:00It's the Saturdy Open thread.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-2174084151734907884?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/0Zj3QiVFhvRUJ4Feg1oVz6yji0o/0/da"><img src="http://feedads.g.doubleclick.net/~a/0Zj3QiVFhvRUJ4Feg1oVz6yji0o/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/0Zj3QiVFhvRUJ4Feg1oVz6yji0o/1/da"><img src="http://feedads.g.doubleclick.net/~a/0Zj3QiVFhvRUJ4Feg1oVz6yji0o/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/OTcttfY9yR0" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com9http://capetownbubble.blogspot.com/2009/09/saturday-open-thread_19.htmltag:blogger.com,1999:blog-27430221.post-58633094700797327832009-09-12T12:10:00.001+02:002009-09-12T12:12:15.533+02:00In honour of the Bokke winning this morning this open thread edition has been renamed the Tri Nations Victory Open Thread<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-5863309470079732783?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/pE3kDrOXs1Hqk_2cxbJuU6W3BcQ/0/da"><img src="http://feedads.g.doubleclick.net/~a/pE3kDrOXs1Hqk_2cxbJuU6W3BcQ/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/pE3kDrOXs1Hqk_2cxbJuU6W3BcQ/1/da"><img src="http://feedads.g.doubleclick.net/~a/pE3kDrOXs1Hqk_2cxbJuU6W3BcQ/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/-6O-GfJAsQw" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com18http://capetownbubble.blogspot.com/2009/09/tri-nations-victory-open-thread.htmltag:blogger.com,1999:blog-27430221.post-81366229756346261482009-09-05T08:54:00.000+01:002009-09-05T08:57:07.491+01:00It's the first Saturday open thread of spring.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-8136622975634626148?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/uZeAHUqvxAiDvEnUWDNtCibLW84/0/da"><img src="http://feedads.g.doubleclick.net/~a/uZeAHUqvxAiDvEnUWDNtCibLW84/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/uZeAHUqvxAiDvEnUWDNtCibLW84/1/da"><img src="http://feedads.g.doubleclick.net/~a/uZeAHUqvxAiDvEnUWDNtCibLW84/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/CHIqJ4V0OXE" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com8http://capetownbubble.blogspot.com/2009/09/saturday-open-thread.htmltag:blogger.com,1999:blog-27430221.post-5012687609714431662009-08-29T09:00:00.001+01:002009-08-29T09:00:03.202+01:00It's Saturday, it's the open thread and the Boks are about to crush the Ozzies.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-501268760971443166?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/VwkM2k2RYg4SqeyFy3zre1VmkvI/0/da"><img src="http://feedads.g.doubleclick.net/~a/VwkM2k2RYg4SqeyFy3zre1VmkvI/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/VwkM2k2RYg4SqeyFy3zre1VmkvI/1/da"><img src="http://feedads.g.doubleclick.net/~a/VwkM2k2RYg4SqeyFy3zre1VmkvI/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/2eK_D5bpOxo" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com15http://capetownbubble.blogspot.com/2009/08/saturday-open-thread_29.htmltag:blogger.com,1999:blog-27430221.post-23501422839162170612009-08-22T10:00:00.000+01:002009-08-22T10:00:00.681+01:00It's Saturday and that's time for the open thread.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-2350142283916217061?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/u6RwcRQxwBBdjRbn5K--7D8OgBU/0/da"><img src="http://feedads.g.doubleclick.net/~a/u6RwcRQxwBBdjRbn5K--7D8OgBU/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/u6RwcRQxwBBdjRbn5K--7D8OgBU/1/da"><img src="http://feedads.g.doubleclick.net/~a/u6RwcRQxwBBdjRbn5K--7D8OgBU/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/llGYSlRdV2E" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com30http://capetownbubble.blogspot.com/2009/08/saturday-open-thread_22.htmltag:blogger.com,1999:blog-27430221.post-51796209595895666122009-08-18T12:04:00.003+01:002009-08-18T12:22:43.035+01:00On the 29th of June we posted an article titled <a href="http://capetownbubble.blogspot.com/2009/06/r110-million-sale-falls-through-for.html">R110 Million Sale Falls Through For Seeff</a> which cast some questions if whether the R110m sale of a penthouse in Sol Kerzner's new V&A Waterfront One & Only development had fallen through. We did so because in listings for the development 3 out of the 3 penthouses built are listed for sale, when there should only be 2.<br /><br />And quite coincidentally (I'm sure) <a href="http://realestateweb.co.za/realestateweb/view/realestateweb/en/page322?oid=46725&sn=Detail">according to RealestateWeb</a>, the Sunday Times ran an article this past Sunday saying literally the same thing, that the sale was in fact staged by Sol Kerzner as a "sale" to himself with the penthouse being returned to the rental pool of the hotel. And no doubt if a buyer could be found for it would be sold off without a seconds thought as the article we wrote earlier here showed there are in fact 3 penthouses for sale.<br /><br />I haven't bought the Sunday Times in a while (prefer the non-tabloid Business Day Weekender these days after they <a href="http://capetownbubble.blogspot.com/2008/09/business-day-were-gloomy-but-correct.html">gave me a shout out</a> a year ago) so if anyone has the article let me know if it mentioned anything about the supposedly sold apartment coming back on the market and if they attribute that nugget of information to anyone.<br /><br />And Sunday Times reporters if you're reading, let me know if you need any more story ideas.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-5179620959589566612?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/m9-jU5h7t6cq7TO8IHiLey8tilU/0/da"><img src="http://feedads.g.doubleclick.net/~a/m9-jU5h7t6cq7TO8IHiLey8tilU/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/m9-jU5h7t6cq7TO8IHiLey8tilU/1/da"><img src="http://feedads.g.doubleclick.net/~a/m9-jU5h7t6cq7TO8IHiLey8tilU/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/DSM9Nccd1T0" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com14http://capetownbubble.blogspot.com/2009/08/sunday-times-doubting-one-only-sale.htmltag:blogger.com,1999:blog-27430221.post-91767667212202650142009-08-15T15:39:00.001+01:002009-08-15T15:46:01.849+01:00It's the weekly open thread.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-9176766721220265014?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/7PHx7Pm3XyEPg3Iz6G4c8slgXok/0/da"><img src="http://feedads.g.doubleclick.net/~a/7PHx7Pm3XyEPg3Iz6G4c8slgXok/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/7PHx7Pm3XyEPg3Iz6G4c8slgXok/1/da"><img src="http://feedads.g.doubleclick.net/~a/7PHx7Pm3XyEPg3Iz6G4c8slgXok/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/JDcuFrk_XDg" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com17http://capetownbubble.blogspot.com/2009/08/saturday-open-thread_15.htmltag:blogger.com,1999:blog-27430221.post-89797834884979167982009-08-08T11:04:00.000+01:002009-08-08T11:35:12.682+01:00Time for the open thread.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-8979783488497916798?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/U5brVKsdm-GtQbWd2Wjd8be8VnU/0/da"><img src="http://feedads.g.doubleclick.net/~a/U5brVKsdm-GtQbWd2Wjd8be8VnU/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/U5brVKsdm-GtQbWd2Wjd8be8VnU/1/da"><img src="http://feedads.g.doubleclick.net/~a/U5brVKsdm-GtQbWd2Wjd8be8VnU/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/OgJlznC-egU" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com26http://capetownbubble.blogspot.com/2009/08/saturday-open-thread_08.htmltag:blogger.com,1999:blog-27430221.post-20084893231891767132009-08-01T10:04:00.007+01:002009-08-18T12:26:06.006+01:00<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_9qEK0Gs8x1s/SnQKqgu-mII/AAAAAAAAArE/VNkXn1sECGc/s1600-h/41651bf_20.jpeg"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 200px; height: 131px;" src="http://3.bp.blogspot.com/_9qEK0Gs8x1s/SnQKqgu-mII/AAAAAAAAArE/VNkXn1sECGc/s200/41651bf_20.jpeg" border="0" alt=""id="BLOGGER_PHOTO_ID_5364924781562861698" /></a><a href="http://capetown.gumtree.co.za/c-Flat-House-Real-Estate-vacant-land-properties-for-sale-BLOUBERGSTRAND-LUXURY-APARTMENT-W0QQAdIdZ144921677">This 2 bed/2 bath apartment in Blouberg</a> is on the market for R2 650 000. That means with a 100% bond you will currently be paying R27352/month to cover the bond. Or you could rent it for R8 000/month, which means that the difference between rental and bond payment is R19352/month, nearly 2.5 times more than the rental income itself! Here is the dismal Payment and Yield graph.<br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_9qEK0Gs8x1s/SnQKz4KQmRI/AAAAAAAAArM/pV9MH72yKOk/s1600-h/rentalYield.png"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_9qEK0Gs8x1s/SnQKz4KQmRI/AAAAAAAAArM/pV9MH72yKOk/s400/rentalYield.png" border="0" alt=""id="BLOGGER_PHOTO_ID_5364924942470125842" /></a><br />Right, so paying for the place in full nets you a massive 3.62% return on investment, and to break even on cash flow you need to plonk down over R1 800 000 (a 70% downpayment). Putting down a 50% downpayment of R1 325 000 will still lose you over R60 000/year. Once you take into account rates, levies, maintenance and vacancy costs and the returns will be even lower.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-2008489323189176713?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/JbB6GvMBKBys8m8ou76HBnTgYMg/0/da"><img src="http://feedads.g.doubleclick.net/~a/JbB6GvMBKBys8m8ou76HBnTgYMg/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/JbB6GvMBKBys8m8ou76HBnTgYMg/1/da"><img src="http://feedads.g.doubleclick.net/~a/JbB6GvMBKBys8m8ou76HBnTgYMg/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/Ummap9gxHmk" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com8http://capetownbubble.blogspot.com/2009/08/rent-vs-buy-bloubergstrand-invest-r18m.htmltag:blogger.com,1999:blog-27430221.post-28418564093254558682009-08-01T10:03:00.001+01:002009-08-01T10:03:39.462+01:00'Tis the Saturday Open Thread.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-2841856409325455868?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/oX6sIPXJFcgtqynj19chIeZhNF0/0/da"><img src="http://feedads.g.doubleclick.net/~a/oX6sIPXJFcgtqynj19chIeZhNF0/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/oX6sIPXJFcgtqynj19chIeZhNF0/1/da"><img src="http://feedads.g.doubleclick.net/~a/oX6sIPXJFcgtqynj19chIeZhNF0/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/yUC12cb60k4" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com1http://capetownbubble.blogspot.com/2009/08/saturday-open-thread.htmltag:blogger.com,1999:blog-27430221.post-71430202801929382172009-07-25T09:27:00.001+01:002009-07-25T09:28:04.796+01:00It's time for the Saturday open thread, which is incidentally the 600th post of this blog.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-7143020280192938217?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/oliUKDLfUlkfTy1_sGwGFE1hYmk/0/da"><img src="http://feedads.g.doubleclick.net/~a/oliUKDLfUlkfTy1_sGwGFE1hYmk/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/oliUKDLfUlkfTy1_sGwGFE1hYmk/1/da"><img src="http://feedads.g.doubleclick.net/~a/oliUKDLfUlkfTy1_sGwGFE1hYmk/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/Qg6l0GaCTt4" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com20http://capetownbubble.blogspot.com/2009/07/saturday-open-thread_25.htmltag:blogger.com,1999:blog-27430221.post-61038429492389935982009-07-20T14:34:00.001+01:002009-07-20T14:35:17.716+01:00Discuss.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/27430221-6103842949238993598?l=capetownbubble.blogspot.com' alt='' /></div> <p><a href="http://feedads.g.doubleclick.net/~a/Nyla6Yc34A4xTwtl5N4whuf2tpw/0/da"><img src="http://feedads.g.doubleclick.net/~a/Nyla6Yc34A4xTwtl5N4whuf2tpw/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/Nyla6Yc34A4xTwtl5N4whuf2tpw/1/da"><img src="http://feedads.g.doubleclick.net/~a/Nyla6Yc34A4xTwtl5N4whuf2tpw/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/CapeTownPropertyBubble/~4/NfPHQ9mP2xs" height="1" width="1"/>CT Bubblehttp://www.blogger.com/profile/02482274933768124318noreply@blogger.com13http://capetownbubble.blogspot.com/2009/07/gill-marcus-is-new-governor-of-reserve.html