The rand has strengthened substantially this year, which should be good news for house price inflation.
The party has since formed a Government of National Unity with several other parties, including the DA, IFP, Good, PA, FF Plus and PAC. John Herbst, CEO of Fine & Country Sub-Saharan Africa , said that currency strength intersects with domestic house price inflation. A stronger domestic currency boosts purchasing power, which entices foreign investment and drives demand for high-end properties.
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