Home Sales Conundrum | Carte Blanche

Ubuthebe FM Live
Fueled by a poorly performing economy, political uncertainty and the need to downscale, investors in the luxury end of the South African private property market find their properties are sitting with for sale boards out for far too long and generally fetch lower prices than they bargained for – in some cases as much as 30% less. Carte Blanche examines why wealthy investors seem unable to realize the profit they had imagined when buying at the high end some years ago, while in the lower income segment of the market, opportunities abound for significant and growing returns on investment.

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