| South Africa is experiencing a property market correction. The question is whether it is or has been on the same scale as has been experienced in the USA during the last 3 years. The American dream has in some states unfortunately changed into an American nightmare.
Only a certain sector of the South African property market is experiencing a correction akin to the "American nightmare" of a devaluation of property value up to 50% and has predominantly been visible on two fronts..............................................Full Article: Source
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