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Will current property market disruption finally deliver affordable housing?

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Sobantu residents protesting over a housing project that was supposed to have started 10 years ago.
Sobantu residents protesting over a housing project that was supposed to have started 10 years ago.
Ian Carbutt

New office buildings are still going up in Sandton, Rosebank and other economic hubs even though many office workers may not go back to their headquarters on a full-time basis in future.

Property developers, who have been trying to bring affordable housing solutions to CBDs and other economic nodes, are waiting in the wings to relieve landlords of abandoned office buildings.

They are hoping to finally balance the residential property equilibrium in big metros where supply has been biased towards high-income earners while millions sought shelter in far-flung areas that keep them at arm's length from economic opportunities.

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