A statistical summary of social grants in South Africa
The fact sheet provides a statistical summary of social grants in the 9 regions (provinces) of South Africa which are: Eastern Cape (EC), Free State (FS), Gauteng (GP), KwaZulu-Natal (KZN), Limpopo (LP), Mpumalanga (MP), North West (NW), Northern Cape (NC) and Western Cape (WC) as at 31 May 2014. Social grants refer to Old Age grant (OAG), War Veteran’s grant (WVG), Disability grant (DG), Grant in Aid (GIA), Child Support grant (CSG), Foster Child grant (FCG) and Care Dependency grant (CDG).
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Upward trend loses momentum
Residential property investment attractiveness moderates mildly of late, as yields decline on the back of relatively solid house price growth relative to rental growth.
After slow house price growth from 2008 to late-2011 had allowed rentals to play some mild catch-up with residential property values, a period of improved house price growth performance through 2012 and the 1st half of 2013 translated into a resumption of yield compression (decline), thereby arguably diminishing the attractiveness of residential property as an investment purchase mildly.
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