The rise in inflation globally has forced many central banks in leading economies to increase interest rates. Locally, the South African Reserve Bank has raised rates to 15 year highs since it began tightening policy in November 2021.
The elevated rates have taken their toll on the property market, weakening demand and leaving many potential buyers nervous fearing higher bond repayments.
But rates don't stay high forever, and with the possibility of two interest rate cuts, is it time to reconsider property as an investment?