Interest rates down again, but will it move the rental market?
The South African Reserve Bank has cut the prime rate to 10.5%, the lowest it has been since November 2022. What effect will that have on rentals?
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However, could it be time to start worrying about increased non-payment of rent as the cost of living rises? To answer that question, we do a deep dive into tenants' expenditure and debt repayments – nationally and provincially.
We also share some tips on how rental agents can use PayProp to sign more landlords, as well as the story of a long-standing client who has found PayProp to be a huge advantage at all levels of the business.
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