South Africa’s poor economic state, which is described as “bleak”, is set to persist, and will continue to have a negative and disrupting impact on the property and housing market, property consultants, valuers and town planners Rode & Associates CEO Erwin Rode has said. Speaking during a virtual property conference on November 17 on the theme of Prospects for the South African Residential Market, he noted that economic growth was unlikely to recover significantly over the next five years.
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