SADC property markets weighed down by Covid and expat departures

By Abbie Wolf | Published Dec 1, 2020

While South Africa’s housing market continues its post-Covid lockdown bounce-back, driven by the low-interest rate and favourable mortgage lending climate, especially in the low to middle-class suburbs, it has been a mixed bag for neighbouring SADC countries. According to Samuel Seeff, chairman of the Seeff Property Group, these real estate markets are diverse, often with high-interest rates and large rental components affected by factors such a decline in income, business closures and expat de. . .