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The South African Reserve Bank Quarterly Bulletin for March 2019¹ reports that household debt increased at a faster pace in the fourth quarter of 2018, edging up to 72.7% as a percentage of nominal disposable income, and suggesting that South Africans are borrowing to sustain spending.
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This week on Property24.com: Simplify estate agent qualifications for transformation - REBOSA; notable keys aspects of the Property Practitioners Act; and the complexities of the cooling off period explained.
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This week on Property24.com: Key ULTRA law against apartheid land discrimination to be reversed, 'dispossessing +4m homeowners'; and banks could refuse home loans in ST schemes that don't have a Reserve Fund.
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This week on Property24.com: Low interest rates will continue to drive the market; first-time buyers shifting towards freehold property; and POA what does it mean and why is it used on listings?
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This week on Property24.com: What workers want from the post-Covid-19 office; emerging property trends for 2021 - low interest rates will continue to drive the market ; and the economy - what can SA expect?
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This week on Property24.com: Applying for a bond in 2021 is 'going to get tougher'; buying a home under Alert Level 3 - 'No delays expected'; and what you need to know about purchasing a distressed property.
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This week on Property24.com: Knocking 7 years off your bond is still possible with current repo rate; Correctly pricing your home - tips to ensure a quick sale; SA property in 2021 - where is the housing market headed?
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This week on Property24.com: What is considered unfair practice for Level 3 evictions; checking the title deed before making an offer to purchase is important; and the Law of Diminishing Returns expected to kick in for SA house prices.
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This week on Property24.com: SA rental numbers 'exploding - and not all in the right direction'; vital items to check off your list to get the best out of your home insurance; and how to save costs when building your own new home.
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Whether acting for or against an individual or an organisation, there are no second chances when presenting a case to a judge.