If It Won't Rent At R5000 I'm Sure It Will At R6000

Remember that bachelor flat in Four Seasons with an asking rent of R5000 a month (compared to a 2 bedroomed apartment in the same block with a rent of R5750 a month)? Well the ad now has an asking rental price of R6000 a month. I guess rising interest rates are starting to hurt, and I'll bet they'll hurt a lot more when that flat continues to stand empty.