tag:blogger.com,1999:blog-37068623167158018762024-08-28T01:33:28.318-07:00PropertyThis is a blog on the property market aimed at getting people thinking about the poor.Researcherhttp://www.blogger.com/profile/10795004572137309330noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3706862316715801876.post-9141885918228895462009-05-26T05:13:00.001-07:002009-05-26T05:13:24.653-07:00Researcherhttp://www.blogger.com/profile/10795004572137309330noreply@blogger.com0tag:blogger.com,1999:blog-3706862316715801876.post-60281784201792336112009-05-26T04:55:00.000-07:002010-06-09T06:47:58.717-07:00What about the land-lessHouse prices in South Africa have escalated to abnormally high prices.<br />
<br />
In the past, apartheid denied the majority of people in South Africa decent homes and land.<br />
<br />
Now, the abnormally high prices achieve the same result.<br />
<br />
Even teachers can't afford houses in previously "white" suburbs that catered for the poor sectors of the white community in the apartheid South Africa. But now, these houses want to sell for millions. So black people can'nt even afford these.<br />
<br />
And, if they buy these what happens:<br />
<br />
<ul><li>Previously advantaged communities get richer</li>
<li>The buyer (black) is deeeeeeeep in debt</li>
<li>The buyer does not have any money left over for other necessities like food, education, transport, etc</li>
<li>Repossession<br />
</li>
</ul><p>I think house prices should be controlled so that the masses of this country get access to decent housing.</p><p>I think there should be rent-control in order to make accommodation for the masses affordable.</p><p>What do you think?</p><br />
<br />
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