Cape’s high property prices

Nataly Elaine Abrahams: Absolutely crazy!

Tristan Hamilton: It’s what happens when so many people want to move to Cape Town – supply and demand... high demand for houses or property equals exponentially high prices. Cape Town is bursting at the seams with people from upcountry as well as foreigners and quite simply can’t cope, so higher prices are also a deterrent to overcrowding as well. I don’t blame anyone for wanting to live in Cape Town, it’s just a pity the concept of “tragedy of commons” is now so highly prevalent.

Sulayman Wentzel: While the mass of the “Born Frees” have no access to even the most basic shelter. Some animals it seems will always be more equal than other animals. Sincere apologies to George Orwell.

Dennis van Blerk: If agents earned a salary, prices would be much lower, more commission drives prices up.

Ndingu Amanda Amish: We know this already, what’s the plan?

Colin Langley: Can’t wait for the implosion. Greed is a vile trait.

Russell Langley: So much drama everywhere but all you need to do is look slightly beyond the CBD and Atlantic Seaboard. Growth is actually slowing now in most other areas.

Frank Oliver: I’ve been saying this for years. Our parents had it far easier. They were literally throwing housing subsidies and bonds at our folks and to top it off, they were not subject to any credit acts but sadly are the cause of them.

Brian De Cruz: Too few rentals available as well. The influx of foreigners has taken over a huge chunk of available cheap rentals – this creates a vacuum that property owners exploit.

Jaffa Dantie: Yep... properties are overvalued so councils can fleece you for rates... if you cannot pay guess what?