Residential Buy-To-Let – The Big Boys are getting in on the action

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In South Africa, with its rapidly growing middle class, strong urbanisation trend and a staggering housing backlog, the opportunities for residential buy-to-let investors are phenomenal. The Finance and Fiscal Commission (FFC) estimates that it will require R800 billion – and a “miracle” – to clear the housing backlog of 2.1 million houses. The imbalance between the growing demand for housing and the fast dwindling supply, which has all but grinded to a halt thanks to the banks’ stringent lending criteria and the enormous challenges faced by residential property investors, has ensured that rentals have increased steadily and rental stock shortages are evident across the country.

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