Tag: property ownership

Investing in real estate has long been considered a reliable investment strategy, especially during challenging economic times because, unlike stocks and bonds, property is a tangible asset which offers unique advantages that can accelerate wealth accumulation over time.

Within the world of sectional title schemes, disputes can arise from various challenges tied to communal living and shared property ownership. From embracing clear communication to enforcing established rules and ensuring transparent financial management, our aim is to provide you with the knowledge and tools needed to effectively prevent disputes and cultivate a harmonious living environment within your scheme.

Unmarried, no kids, and a bank balance that’s a little low? Your chances of successfully getting a visa to travel just got slimmer. Not everyone’s equal when it comes to visa applications. Factors such as your marital status, whether or not you have children, ownership of property, how long you’ve worked for the company, your bank balance, and even your social media activity can count against you.

Despite South Africa’s political turmoil and energy crisis, there is still significant interest from international property buyers who are drawn by the country’s inimitable lifestyle and the fact that that they can get considerably more bang for their buck here than in comparable areas abroad.

While South Africans continue to grapple with the economic pressure of ongoing lockdown restrictions combined with the aftermath of looting and riots, residents of Durban, Cape Town and Johannesburg are also feeling the impact of municipal rate hikes.

On 23 April 2021, the Competition Commission published a notice in the Government Gazette in which it, inter alia, indicated that it had published its final non-confidential report of the commission’s findings on the impact of the COVID-19 Block Exemptions and the commission’s advocacy and enforcement work.

South Africa’s flirtation with the idea that government should be allowed to expropriate private property without being legally required to compensate owners for it stands in stark contrast to the constitutional democracy we chose 26 years ago and is already doing great damage to the economy.

It is a reality of human nature that across all cultures all people perpetually strive to make improvements in their socioeconomic circumstances. A dream that all human beings strive to achieve. An opportunity to eradicate poverty and can come in a form of a job, education or even becoming a home-owner after an awfully long wait.

Property, and the ownership of land, is an emotive topic in South Africa. While progress towards redressing inequality in land ownership and the property sector could be far quicker, the good news is that we know where we stand, and property offers unique prospects for achieving real social change. 

President Cyril Ramaphosa’s late night announcement on 31 July 2018 on the decision to amend Section 25 of the South African Constitution to clearly articulate land without compensation has driven the debate on land ownership into top gear.