Rental arrears rising, reveals PayProp in latest Rental Index
The percentage of South African tenants in arrears rose to 18.4% in Q2, the highest percentage recorded since the end of 2021.
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The company has used PayProp to manage that growth seamlessly, leveraging the platform’s inherent scalability through its automation of collecting and paying out rent.
Without PayProp, we wouldn’t be able to do what we do. We see it as the Rolls Royce of the industry. It has everything we need and more.
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