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Apr 26 2015

South Africa’s property market – a rejoinder

Published by at 9:51 pm under Opinion,South Africa,Top Stories

Early in 2012 I wrote this article. Now read this article dated 14 April 2015 by Magnus Heystek, investment strategist of Brenthurst Wealth in South Africa.

The key numbers/phrases in Heystek’s article is “2007″, “20 percent down in real terms”. In my article it is “25 percent in real terms”.

Today I think a 25-percent drop in real terms won’t be the end of the road. I’m not able to say where and when the downtrend will level out. Maybe not at all.

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