Diversity and value in Africa's real estate: Challenges facing property development in South Africa

摘要

Purpose - The purpose of this paper is to demonstrate the diversity of property investment in South Africa. Design/methodology/approach - The paper addresses how diversity and such factors as the country's history, government, different cultures, housing needs, vast rural areas, fast developing cities, black empowerment and international interests, influence property potential. Findings - The challenges faced in South Africa are, in many respects, a consequence of the dramatic political changes that have taken place during the last ten to 15 years. Originality/value - The paper highlights the influence of the transformation of the South African landscape on real estate and presents current and future opportunities related to property.