MoneySkills Implosion To Affect Gauteng Property Market?

Registrar snubs MoneySkills's plan

The possible liquidation of MoneySkills's property could have a noticeable impact on certain areas of Gauteng's residential market.

It is uncertain just how large MoneySkills's portfolio is, but thanks to the gearing that home loans offer, it is likely to be substantially larger than R100m, which is the approximate amount that the company has gleaned from the public.
...
Buys said that most of MoneySkills's properties were sourced from developers. Thus a dearth of new demand and a possible liquidation of existing stock could place pressure on this section of the market, which is already showing signs of cooling.