If you’re not earning at least R30 000 a month, the “average” house is out of your reach, at least according to a back-of-a-matchbox calculation.
On Wednesday Absa released its quarterly residential property market report, which found that the average house price is about R811 000. This is for the so-called middle segment of the residential property market (houses of 80m²-400m² and priced at up to R2,7m).
07 February 2007
Can you afford the average house?
Can you afford the average house?
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1 comment:
The question is, who wants to buy in these times...
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