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Property Industry:COVID slump sees youth opting to stay home & ditch paying rent

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Property Industry: COVID19 slump sees youth opting to stay home & ditch paying rent

CAPE TOWN - The property industry counted the cost of the COVID-19 pandemic as the grinding economic crisis takes hold.

FNB property strategist John Loos said due to a lack of economic opportunities, more young people were staying with their parents for longer and, in other cases, people losing their jobs during the lockdown may opt to return to the “nest”

 

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