What is the impact on property due to lack of service delivery ?
Good governance of a local government produces good policies and frameworks that will accelerate service delivery . Remember , municipalities are a face of government to the communities they are supposed to serve communities and the grassroots people . If there is no smooth running of the municipality it affects service delivery and other responsibilities and functions they are constitutionally empowered to render and deliver to communities .
What is a functional municipality ?
It is a municipality that generally produces a high level of service delivery i . e . running water , clean streets , provision of electricity and clean open space . Functional running of municipalities boost investor ’ s confidence , it boosts the demand for property and subsequently boosts property prices .
By comparison Western Cape is generally reported to have a higher level of service delivery when compared to other Metros in the country , and reports higher levels of interest from property investors . Western Cape continues to be the popular destination for semigration . This achievement is due to its satisfactory performance in delivering services to communities .
SA Real Estate Investor Magazine OCT 2022 55