Between January 2004 and March 2007 the large banks in South Africa granted 156 900 mortgages to low-income households (households that earn no more than R8600 per month). (Unaudited data from the Banking Association)
This week’s theme: Housing and housing finance
Related facts:
- Private vs. government funded 926 000 households (7.1% of the total) have some form of...
- All mine There are 12.97 million households in South Africa. 8.28 million (64%)...
- Banking need? More than 80% of South Africans who have never had a...
- Confidence of low vs. high income households From 1994 to 2000 low income households were consistently more confident...
- Just a roof over my head 28% of homeowners (aged 21+) agree with the statement ‘You think...
