Real Estate Investor Magazine July/ Aug 2020 July 2020 | Page 16

COVER STORY
Affordable housing
the key to recovery
How real estate can help the
economy bounce back
SIDIMA MFEKU
The impact of the Coronavirus on the daily functioning of the
country has made it extremely difficult for the growth of the
local economy. One of the major contributors to South African
GDP growth, the affordable housing industry, has been
negatively impacted by the lockdown in the first two alert
levels. The affordable housing market, is important now more
than ever, as it may be the key to economic recovery
12 JULY/AUGUST 2020 SA Real Estate Investor Magazine