Rental market boom as homeowners forced to sell iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Right now, many people are choosing to rent rather than to buy – which explains why the residential rental market is booming and Tyson Properties’ Johannesburg has seen its rental book grow by 100 percent in just six months. According to Chris Tyson, chairperson of Tyson Properties, this growth spurt is expected to continue with rentals expected to increase by another 100 percent over the next year.