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How Does the American Property Market Influence South Africa

Recent property media has been abuzz with news of the real estate down turn occurring in the United States. With all the media sources available today you can’t possibly avoid hearing about the doom and gloom of the US Property market, not unless you live under a rock, in which case it won’t affect you anyway. News travels fast and stories of the downturn in US real estate markets is quick to hot South African shores where people are now, as a result of the phenomenal property boom experienced in local markets over the past few years, sensitized to real estate and the wealth creating benefits thereof. As news hits our shores many are contemplating how the US down turn will affect the local property market.
Read more at: Property Investor Network