THE rise of educated young professional people has a major effect on real estate living in South Africa. More and more young professional people start their careers younger and younger earning more money than their peers of 20 years ago.
With this positive news more young first-time buyers are entering the property market. The question is, however, what type of property are they looking at?
Some young professionals that have been renting property for the last few years are now eyeing to buy and the common consensus seems to be that they want to buy a lock-up-and-go type of small house, townhouse or sectional title unit.