Real Estate Investor Magazine South Africa July 2014 | Page 27

RESIDENTIAL

The final quarter of 2013 saw a worsening in residential rental performance, marking a worrisome change in
tenant payment behaviour for the first time in nearly three years. This reversal is a sudden change for landlords
and property managers who have been enjoying an unusually long period of improving rental payments,
culminating in Q2 and 3 of 2013 with 86% of tenants deemed