Cape Town rental boom pushes low-income residents Into illegal housing
Driven in part by a tourism boom and the rapid expansion of short-term rentals such as Airbnb, property prices in the central business district have soared, pricing out workers who rely on living close to jobs and services.
READ MORE : http://www.africanews.com/2026/01/01/cape-town-rental-boom-pushes-low-income-residents-into-illegal-housing
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Driven in part by a tourism boom and the rapid expansion of short-term rentals such as Airbnb, property prices in the central business district have soared, pricing out workers who rely on living close to jobs and services.
READ MORE : http://www.africanews.com/2026/01/01/cape-town-rental-boom-pushes-low-income-residents-into-illegal-housing
Subscribe on our Youtube channel https://www.youtube.com/c/africanews?sub_confirmation=1 and receive all the latest news from the continent.
Africanews is available in English and French.
Website : www.africanews.com
Facebook : https://www.facebook.com/africanews.channel/
Twitter : https://twitter.com/africanews
#AfNews
- Category
- South Africa
- Tags
- Cape Town, Economic crisis, Housing
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