Home Loans South Africa

Article: Buy-to-let to remain unattractive

Buy-to-let to remain unattractive
http://www.property24.com/articles/buy-to-let-to-remain-unattractive/11855

Gilmour says that according to figures from First National Bank, buy-to-let activity has decreased markedly over the past five years, with the proportion of investors in this sector decreasing to less than 10% of total sales in the first quarter of 2010. This is the lowest level on record, compared to reported figures as high as 20% in the boom years.

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