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‘Semigration’ – A silver lining for the Cape property market?

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‘Semigration’ to Western Cape is a reality and as other Provinces face a significantly bleaker scenario than the Western Cape, this is a discernible trend in Cape property that will significantly reflected in 2022 trends when the annual analysis is concluded by property economists.

As the most well managed metro in the country, Cape Town is solution orientated and thus increasingly attractive to those looking to escape the immediate and longer term effects of poor management impacting other regions. If the South Easter is the Cape Doctor, ‘semigration’ is the silver lining for the local property market.

– Sally Gracie

 

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