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A sexy tax advantage  Â Multi-property investors can claim from SARS. 
How first-time buyers can take advantage of property market  Â South Africa is currently in the midst of a buyers’ market, with house prices dropping by 4.8% in the last decade - an ideal opportunity for first-time homebuyers to purchase property. 
Decisions you make today may seriously affect heirs  When it comes to scaling down for retirement, selecting the right home is probably the most important decision.
If you are selling your home bank on it taking about 14 weeks Homeowners and real estate agents hoping to sell in the current market are likely to wait for 14 weeks before closing the deal.

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Emerging real estate trends for 2020 and beyond

 

After a decade of unprecedented change in the property world, one of the frontrunners of property disruption in SA, PropertyFox, predicts a continued evolution in the 2020s.

The digital-first property company predicts kitchens declining in importance in the home as the “order in” culture continues to boom. Also predicted is a shift in ownership structures with private companies buying up or building entire neighbourhoods and playing long-term landlord.

Crispin Inglis, CEO of PropertyFox, says, “We have reached the end of a decade filled with property industry disruption. We saw homes sold online for the first time, with low commissions shaking up traditional notions of how property should be bought and sold. We saw property valuations calculation by algorithm and large listing portals replace traditional advertising.

There were big changes in property itself, with the rise of the Airbnb model seeing houses decorated for the dual purpose of living there – and renting.”

Inglis lists some of the trends to watch in the 20s, due to the rise of fast-growing megacities in emerging economies and shifting demographics like a burgeoning middle class. 

 

Read more: Emerging real estate trends for 2020 and beyond

 
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Business

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After restoring Russia as a key power in the Middle East, President Vladimir Putin is turning his attention to Africa to raise Moscow’s profile in the struggle for geopolitical influence.Putin hosts leaders from more than 50 African states on Wednesday in Russia’s...

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Eskom says there is a low probability of load shedding for the rest of the week, as the broken Medupi coal conveyor belt and faulty power units return to service. No load shedding is expected for Wednesday, however Eskom warned that the power supply is vulnerable,...

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Politics

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Panic has set in among allies of embattled DA leader Mmusi Maimane over his future as chief of the party.The DA's federal executive will convene an urgent meeting in Johannesburg on Wednesday. The meeting was called shortly after City of Johannesburg mayor Herman...

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SA's second investment conference is set to be held from November 5 – 7 in Sandton, Johannesburg, with over 1030 confirmed delegates attending.The drive, launched by President Cyril Ramaphosa, is meant to attract R1.2trn in new investments by 2023. The first...

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Sports

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Cape Town - Eagle-eyed fans were left puzzled by differing jerseys worn by a handful of Springboks in their Rugby World Cup quarter-final against Japan in Tokyo on Sunday. Lock Lood de Jager and flyhalf Handre Pollard both took to the field in a version...

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  Tokyo - All Blacks coach Steve Hansen is predicting a "mighty clash" in this weekend's heavyweight World Cup semi-final with England, but insisted they were not New Zealand's biggest rugby rivals. The treble-chasing All Blacks have won their...

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