Low-income households in South Africa face an acute shortage of formal housing and up to 5 households are competing for a home ownership on a singular property. More than 80% of South Africa’s households earned under R26 000 per month and as a result, illustrates that affordability remains a major obstacle to most households having a property to call their own.

For those earning less than R13 000 per month, this pushed many into backyard rentals, informal structures, or traditional dwellings that weren’t formally registered – and often these options were further away from work than is ideal. It also places many of these households in a situation where there is no clear path for them to become homeowners and languish as life-long tenants. To help us unpack other dynamics that play into this study, we are joined by…

Guest: Hayley Ivins-Downes - Managing Director of Lightstone Property

Low-income households in South Africa face an acute shortage of formal housing and up to 5 households are competing for a home ownership on a singular property. More than 80% of South Africa&rsquo;s households earned under R26 000 per month and as a result, illustrates that affordability remains a major obstacle to most households having a property to call their own.
For those earning less than R13 000 per month, this pushed many into backyard rentals, informal structures, or traditional dwellings that weren&rsquo;t formally registered &ndash; and often these options were further away from work than is ideal. It also places many of these households in a situation where there is no clear path for them to become homeowners and languish as life-long tenants. To help us unpack other dynamics that play into this study, we are joined by&hellip;
Guest: Hayley Ivins-Downes - Managing Director of Lightstone Property

Newsmakers and Guest Experts offer their insights and perspectives into the national and global discourse on politics, economics, education, social matters and comprehensive dialogues on cultural diversity and other essential issues of public interest like, poverty alleviation, unemployment rate and health related issues.

NewsmakersandGuestExpertsoffertheirinsightsandperspectivesintothenationalandglobaldiscourseonpolitics,economics,education,socialmattersandcomprehensivedialoguesonculturaldiversityandotheressentialissuesofpublicinterestlike,...