Thursday, February 13, 2014

Property ownership...

It has been reported by Standard Bank that, in the past two years, it has experienced 44% year on year growth in owner-occupied commercial property deals as a result of many companies have opting to purchase buildings for their own use rather than opting to renting. Read the full story in an article titled Significant upswing in Owner-Occupied Commercial Property deals.
Although much has been said about the cons of the residential property market because of the negative factors such as the difficulty in obtaining home loans, high price of construction, increasing municipality costs and the claims by economist, Erwin Rode that the property market is over-valued by 20%, Bruce Swain, MD of Leapfrog Property Group begs to differ. Continue reading this article on Investors Have Faith in Residential Property.

After we had shared the following joke on our Facebook page some time this week:"The dream of the older generation was to pay off a home loan and the dream of today's young families is to get one", it has come to our attention that actually around the world, young working people are increasingly attracted to home ownership rather than renting. But how easy is it for them to qualify for home loans? See an article titled More young guns set their sights on ownership to find out what Berry Everitt, MD of the Chas Everitt International property group says about this. 


Taken from TIVVIT newsletter.

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