Go big or go home? When it comes to buying your first home there is definitely a middle ground – go home to a smaller home you can comfotably afford.
First-time buyers typically need to save for at least three years to afford the deposit on
The Western Cape is better at attracting the older repeat buyer skilled population while Gauteng is a better draw card for younger skills who become first-time home buyers.
This is the highly plausible assumption made by John Loos, FNB’s household sector strategist, using provincial outmigration and