Real Estate Investor Magazine August 2024 edition | Page 42
South Africa has a housing crisis . The South African government estimates a current national shortfall of over 2.1 million homes for about 12.5 million people . The only way this crisis can be resolved is for the government to incentivise private sector real estate developers and remove the red tape that hinders them .
RESIDENTIAL
Addressing South Africa ’ s over 2 million housing shortfall :
Lessons from Canada
By Jason Lee
South Africa has a housing crisis . The South African government estimates a current national shortfall of over 2.1 million homes for about 12.5 million people . The only way this crisis can be resolved is for the government to incentivise private sector real estate developers and remove the red tape that hinders them .