While the times are constantly changing and our personal circumstances keep evolving as a result, owning property might still be the ultimate goal for some – and a distant dream for others. Nonetheless, it’s something that we all think about at some point because owning a home is still seen as a mark of success. But as more people become economic migrants, moving around the country and globe, following personal and professional opportunities – does it still make sense?
We recently spoke to Absa property analyst, Jacques du Toit, about current trends in the South African property market, what the data is saying about capital growth and which factors to consider when deciding whether to buy or rent.