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by chesimov
3072 days ago
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Well, there's an exodus from the rest of the country to the W. Cape. They call it 'semigration'. Property was up 12% a while ago when all other provinces saw a decline I think (except Gauteng; they were up 3%). As a young person of the wrong demographic here though, myself and most of my friends are preparing for possible departure for a few different reasons. If you are already established in a field with an overseas nest egg that can't be touched by SA inflation though, then Cape Town is probably one of the best cities to live in on the planet. If you know what you're doing, living here is fantastic. |
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