#WaterWatch

How running out of water is affecting Cape Town’s property market

The Cape Town property market has long been performing far better than that of the rest of South Africa.

Does this still hold, now that the city may be set to become the first modern, world-city to completely run out of water?

So far, demand seems to be holding up with affordability, seemingly, being a larger concern than the drought.

The Money Show’s Bruce Whitfield interviewed Pam Golding Property Chief Executive Dr Andrew Golding.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

There’s no question the water issue is having an effect…

Dr Andrew Golding

In the long-term, the fundamentals of Cape Town is still strong.

Dr Andrew Golding

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : How running out of water is affecting Cape Town’s property market


Recommended

by NEWSROOM AI
Read More
Over 200 million litres of water saved through #SmartWaterMeterChallenge

Over 200 million litres of water saved through #SmartWaterMeterChallenge

Almost a year ago CapeTalk partnered with Stellenbosch University and Shoprite Group to install water saving devices at schools.

City of Cape Town halts water desalination process

City of Cape Town halts water desalination process

CEO at Accelerate Cape Town Ryan Ravens says desalination is an extremely expensive option for water augmentation.

CT deputy mayor foresees further relaxing of water restrictions come November

CT deputy mayor foresees further relaxing of water restrictions come November

Deputy Mayor Ian Neilson predicts that the National Water and Sanitation Dept will go lower than Level 5 restrictions this summer.

Cape dams hit 75% as level 5 water restrictions come into effect

Cape dams hit 75% as level 5 water restrictions come into effect

The City of Cape Town is asking residents to use no more than 70 litres per person per day, up from the previous 50-litre limit.

Global workshop offers ideas on how to build a water resilient Cape Town

Global workshop offers ideas on how to build a water resilient Cape Town

100 Resilient Cities is a project which helps cities worldwide become more resilient to social, economic and climate challenges.

UCT Architecture students design water points for Imizamo Yethu residents

UCT Architecture students design water points for Imizamo Yethu residents

UCT's School of Architecture 2nd year students are doing their best to improve the lives of people in Imizamo Yethu.

Popular articles
'I’ve never invested in the stock exchange. I know it too well'

'I’ve never invested in the stock exchange. I know it too well'

Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).

[LISTEN] Painting worth MILLIONS missing from Magashule's old office

[LISTEN] Painting worth MILLIONS missing from Magashule's old office

Investigative journalist, Pieter-Louis Myburgh says the artwork, owned by the Free State government, is worth between R6m and R8m.

CT council to decide on charging De Lille following new forensic report

CT council to decide on charging De Lille following new forensic report

The Bowman Gilfillan report, yet to be made public, found that De Lille allegedly failed to report tender corruption to council.

Judge in Omotoso case dismisses defence application to recuse himself

Judge in Omotoso case dismisses defence application to recuse himself

Judge Mandela Makaula has dismissed the defence application saying it has no merit.

Khayelitsha fire victims should get same help as Knysna says Sizwe Mpofu-Walsh

Khayelitsha fire victims should get same help as Knysna says Sizwe Mpofu-Walsh

Sizwe Mpofu-Walsh and callers discuss ways that corporate SA should help displaced Khayelitsha fire victims in Cape Town.