House prices could drop up to 20% as lockdown grinds property sector to a halt - Bryan Biehler

Loading player...
Bryan Biehler of Huizemark says the industry is on freeze frame as most of the supply chain remains on lockdown until stage 3. Even if the ruling for the industry can be brought forward to stage 4, technology and skill sets currently employed by the industry are ill prepared for the new normal. The result is a potential drop of up to 20% in house prices and 30% of agents losing their jobs. - Vanessa Marks Learn more about your ad choices. Visit megaphone.fm/adchoices
4 May 2020 10AM English South Africa Investing · Business News

Other recent episodes

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min