Why Young People Can’t Afford Cape Town Anymore

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Published Apr 8, 2026

Cape Town is becoming one of the most desirable cities in the world, but for many locals, it’s becoming impossible to afford. As rents soar, young people, working-class families, and longtime residents are being pushed further away from the city they call home. From digital nomads and Airbnbs to apartheid-era inequalities and a lack of affordable housing, this report explores why Cape Town’s housing crisis is reaching breaking point, and who is paying the price.

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