Landlords need to step up their game when attracting, managing, and retaining tenants
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The South African rental market is under pressure as many good tenants step up to property ownership and a large proportion of those left behind are struggling with their finances.
This means landlords are having to step up their game when attracting, managing, and retaining tenants who are able to honour their leases and look after their properties.
Tenant payment performance is improbving in the residential tenant population but a full recovery to pre-lockdown levels is yet to be achieved, says Michelle Dickens, chief executive of TPN Credit Bureau.