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WATCH: 'We are being forced from our homes in an apartheid fashion' - Bo-Kaap resident

10 July, 03:17 PM

Text by GroundUp's Aidan Jones, Video by News24's Zukile Daniel

Situated on the mountains wrapped around Cape Town's city centre, Bo-Kaap is considered prime real estate and has investors and developers spending millions on property in the area.

But Bo-Kaap's community consists of many lifelong residents who have inherited valuable property, yet don't earn high enough incomes to comfortably make ends meet. And because rates are based on property sales, these residents have become more vulnerable, GroundUp reports.

"Investors are not interested in you and your history and your culture. All they want to do is buy the houses, renovate them and sell them for more a year later," says 66-year-old Shamil Jassiem, a lifelong Bo-Kaap resident.

"To them, it's all [about] money, but to those people who lived and died here, there is something else other than money attached to the place. That is the dilemma."

Read the full GroundUp report here and watch the video above. 

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