Thursday, February 1, 2007

Building costs set to surge

Those considering building a new house, best do it sooner rather than later.
New housing supply is expected to drop off dramatically over the next 18 months - but not on the back of higher interest rates and slower demand, as most would expect.

In fact, it's actually because South Africa's limited pool of building resources is likely to be allocated increasingly to infrastructure and commercial property development.

Read More at FIN24.co.za

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