This report is part of the study into Township Residential Property Markets (TRPM) conducted in 2003 and 2004 and sponsored by the FinMark Trust, Ford Foundation, Micro Finance Regulatory Council / USAID, the South African National Treasury and the National Housing Finance Corporation. The study considered the performance and dynamics of property markets in South Africa’s former black townships. The methodology involved a overall literature review, deeds search, survey of estate agents and developers, windshield survey, a household survey of 2000 respondents over 18 former black township areas in South Africa, and a survey of entrepreneurs. Eighteen reports were prepared over the three phases.
This particular report provides the detailed results of the household survey which seeks to understand household behaviour through various dimensions including affordability, investment value of property,and the need fulfillment of the property.