INVESTING
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The map below shows the latest provincial house price inflation status from Lightstone .
Collections and Good Standing
Being a landlord or property owner is a delight when tenants are in good standing and paying rent ! TPN defines tenants who are in good standing as those who “ have paid in full and on time , paid in the grace period or paid late ”.
They also say that an account is only in good standing when fully settled with no arrears .
According to the TPN Rental Monitor Residential Sector Q3 2023 report , residential tenants in good standing have recovered from the 73.50 % at the beginning of the pandemic to 83.34 %.
The province with the highest rental good standing is the Western Cape with 86.87 %, followed by the 5 smaller provinces at 84.45 %, the Eastern Cape with 84.25 %, Gauteng with 82.47 %, and KwaZulu- Natal with 76.45 %.