Real Estate Investor Magazine September 2024 Edition | Page 90
By Gerhard van der Westhuizen
Financial distress is not limited to younger individuals . Thos aged 45-54 have a DTI of 128 %, and those above 55 years ha the same ratio , despite being in or near retirement . This tre troubling as it suggests that older property owners , who sh ideally have not debt or very low levels of debt , are heavily indebted .
Wealth
South Africa ’ s Debt Cri
Solution - become an investor
By Gerhard van der Westhuizen
Financial distress is not limited to younger individuals . Thos aged 45-54 have a DTI of 128 %, and those above 55 years ha the same ratio , despite being in or near retirement . This tre troubling as it suggests that older property owners , who sh ideally have not debt or very low levels of debt , are heavily indebted .