South Africa's housing market is facing a generational shift. New research shows that young homebuyers have more than halved over the past 20 years, while affordability, unemployment and rising living costs continue to keep many aspiring homeowners on the sidelines. At the same time, the Reserve Bank's decision to leave the repo rate unchanged raises questions about whether borrowing conditions will improve enough to revive demand. Africa Melane speaks to Herschel Jawitz, CEO of Jawitz Properties, about what these trends mean for buyers, sellers and the future of the property market
Early Breakfast with Africa Melane is 702’s and CapeTalk’s early morning talk show. Experienced broadcaster Africa Melane brings you the early morning news, sports, business, and interviews politicians and analysts to help make sense of the world. He also enjoys chatting to guests in the lifestyle sphere and the Arts. All the interviews are podcasted for you to catch-up and listen.
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