Cape Town Property Bubble
A look at the Cape Town property market.
18 July 2006
The Edge: Rents Are Dropping
In May we wrote that you could rent an apartment in
The Edge
for R5800 a month. Well it seems there were no takers and the same unit
is now renting
for R5000 a month. Added to that is the fact that almost half of the block is
still for sale
.
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