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Rents charged for luxury property decline by up to 30%

The spike in rental vacancies has been most evident in the top end of the market and very low end, says TPN MD Michelle Dickens.

South africaRefilwe molotoMichelle dickensManaging directorமைக்கேல் டிக்கன்ஸ்நிர்வகித்தல் இயக்குனர்

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Michelle dickensமைக்கேல் டிக்கன்ஸ்

Massacre for buy-to-let landlords – The Citizen

Massacre for buy-to-let landlords Moneyweb The worst-performing area in TPN’s survey is the Atlantic Seaboard, where 24.4% of properties are vacant. Image: iStock More than one in 10 rental properties is currently vacant, both on the low and luxury ends of the market. The fourth quarter Vacancy Survey from credit bureau TPN makes for sombre reading. Overall vacancies have rocketed to 12.91% nationally, from 8.97% in the fourth quarter (Q4) of 2019. This means that more than one in 10 rental properties is currently vacant. The survey points to its market strength index of 43 in Q4, which clearly indicates excess rental stock. Vacancies are elevated at the low- as well as the luxury end of the market. In the sub-R4 500 a month range, vacancies are as high as 16%.

South africaMichelle dickensVacancy surveyAfrica take home pay indexAtlantic seaboardDemand ratingSupply ratingMarket strength indexWestern capeமைக்கேல் டிக்கன்ஸ்காலியிடம் கணக்கெடுப்புஅட்லாண்டிக் கடற்பரப்புதேவை ரேடிஂக்விநியோகி ரேடிஂக்சந்தை வலிமை குறியீட்டுமேற்கு கேப்

[LISTEN] Public and private schools face fees collection challenges

[LISTEN] Public and private schools face fees collection challenges 30 January 2021 10:44 AM TPN Credit Bureau Michelle Dickens explains how they help parents and schools structure fees payments. The Department of Basic Educationâs budget allocation for the 2020/2021 financial year decreased by 5.3% compared to the previous year. This comes as a growing number of parents with children at fee-paying public schools find they can no longer afford school fees. TPN Credit Bureau conducted a survey where they found that schools are facing a challenge of collecting fees. Refiloe Mpakanyane speaks to TPN Credit Bureau Michelle Dickens about the survey and what parents can do.

Refiloe mpakanyaneMichelle dickensCredit bureau michelle dickensDepartment of basic educationCredit bureauBureau michelle dickensBasic educationManaging directorமைக்கேல் டிக்கன்ஸ்கடன் பணியகம் மைக்கேல் டிக்கன்ஸ்துறை ஆஃப் அடிப்படை கல்விகடன் பணியகம்பணியகம் மைக்கேல் டிக்கன்ஸ்அடிப்படை கல்விநிர்வகித்தல் இயக்குனர்

A growing number of schools in South Africa have a real problem – unpaid fees

A growing number of schools in South Africa have a real problem – unpaid fees Subscribe Government’s budget allocation for basic education is under increased pressure, as a growing number of parents with children at fee-paying public schools find they can no longer afford school fees. This is according to TPN Credit Bureau, which said that collecting fees is the biggest challenge facing schools in the country. The Department of Basic Education’s budget allocation for the 2020/2021 financial year decreased by 5.3% compared to the previous year. In South Africa two-thirds of all children attend no fee schools, leaving the state to pick up the tab for their education, it said.

South africaMichelle dickensSchool fee paymentDepartment of basic educationCredit bureauBasic educationFee payment monitorBusiness technologyTpn credit bureauமைக்கேல் டிக்கன்ஸ்பள்ளி கட்டணம் கட்டணம்துறை ஆஃப் அடிப்படை கல்விகடன் பணியகம்அடிப்படை கல்விகட்டணம் கட்டணம் மானிட்டர்வணிக தொழில்நுட்பம்