Is this the Best Time to Buy Property in South Africa?
"There is Blood in the streets!"
- Historically low interest rates!
- Massive commercial vacancies!
- Job losses!
What does this men to the astute investor? Is this the best time to buy property in South Africa or simply the worst time?
Watch this short podcast as Neil Vorster and Josephine van Wyk discuss the impact of Covid 19 and other current economic factors on the residential property investment market in South Africa.
In this video Josephine asks Neil the hard questions facing investors and property owners. and we start with the interest rate forecast and tenant movement.
In times like these the major driver of the market is fear. - Fear, fear of losing, fear of making mistakes.
Ironically the volume of sales increases at time like these as astute investors pick up great deals due to panicking sellers.
It may be time to get some property investment coaching to help you make the decision.
Please join in the discussion with your comments and give us your opinion.