How will the public invest when property prices keep rising?

Over the last 10 years South Africa has certainly achieved a lot like democracy and political freedom but it seems like we are facing big problems at the same time.

Things like load shedding and the interest rates that rises to astronomical heights are one of them at it looks like things are only getting worse. Now, the senior officer at ABSA has announced that house prices will rise to 60% in the next five years and the time for investing is now. Read the whole story here

Now, thinking in terms of investing in property and the problem surrounding it. In the last two years we have had the National Credit Act (NCA), and the ABSA basis points that have risen with 5 whole points. This almost makes it impossible to get a home loan not even to mention the new comers and the younger generation.

The government should step up and come up with a solution to our ever growing real estate prices.