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Building hijackings in Johannesburg’s inner city is an issue woven in complexity, strung together by the exploitation of a 2011 ConCourt ruling, ultimately leaving private property owners and investors with very little recourse in reclaiming their illegally occupied ‘ticking time-bombs.’ ....
Private property developers continue to lambast the City of Joburg, saying officials have allowed the inner city to collapse into a state beyond repair. ....
‘It s a very difficult relationship in that we are an invested stakeholder, we re a cooperative partner. We like to collaborate with them, we like to try and add value, but the traction is as close to zero as it could possibly be,’ says Paul Jackson, CEO of Trust for Urban Housing Finance. ....
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