Many industry players attest that 2017 was generally a tough year for the South African property market. Although there were pockets of excellence, the market was subdued with low average house price growth. A lot of things affected the slump in the industry, including the obvious debate of the political instability and the credit ratings. Property experts are optimistic about 2018 with the ANC’s elective conference over and a business savvy and investor-friendly President at its helm, the hope is that we will see more stability with regards to policy and personnel. We have already seen an improvement in the value of the currency and in business confidence and if this continues maybe the optimism won’t be in vain for the property market.
Today we are in conversation with Sylvia Milosevic (Miloshivich) from Wealth Alliance and Richard Ramplin, Engineering Director at Shaba and Ramplin