SOUTH Africa’s regional provinces, Bloemfontein Free State and the Botshabelo Township, south west of the capital are experiencing a crippling housing crisis with demand far outstripping supply.
Local residential letting specialist, Global Platinum’s Mike Spencer says despite the building of a number of new blocks of flats in the city recently, it is still struggling to keep up with demand. “We are usually able to offer a range of residential properties out of the more than 1 500 homes that we manage but at this time we have virtually nothing available. While from time to time we are able to offer a few student type units normal family accommodation is virtually unobtainable,” he added.
Spencer said there had been a number of developments going up recently, but the 200 odd units were already absorbed by the market.