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by chesimov 3072 days ago
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.
2 comments

Can you elaborate on what makes CT so good? My South African friends always say this but I can't get a straight answer out of them why it's so great.
The joke used to be that the WC is where you emmigrated to if you didn't want to emmigrate :)