Body to promote young in the property sector
INCREASING the participation of youth, especially black youth, in the property industry at the levels of ownership, management and skills development, is the aim of the Youth In Property Association (Yipa) which was launched last month at UCT.
It was launched by Monedi Lefakane, 22, and co- founders Toza Macozoma, Imran Mohamed, Curtis Rooibaatjie, Khensani de Klerk and Priscilla Nthai, who are all UCT built environment students.
Yipa is focusing on people aged 18 to 35. The strategic idea is to transform the industry and provide access to opportunities of entrepreneurship, education, enterprise development, employment and networking to all South African youth in property.
Lefakane, Yipa’s chairman, says: “Yipa cannot and will not work without the minds and ideas of all youth in property – blacks, whites, coloureds and Indians.”
Yipa cannot youth in property
He also called on other stakeholders to take part in Yipa’s initiatives, saying the government and private sector are needed to amplify the youth voice in opportunities in this sector.
“In time, we want to create a property development and investment company for the youth, by the youth, and to do this we need the intellectual and financial support of the older generation,” he added.
With a national shortage in student accommodation of almost 200 000 beds, Yipa wants to create a youth-owned property company to address the problem.