The Financial & Fiscal Commission has a very useful overview of South Africas housing policy and possible future policy opportunities, available for download on its homepage EXPLORING ALTERNATIVE FINANCE AND POLICY OPTIONS FOR EFFECTIVE AND SUSTAINABLE DELIVERY OF HOUSING IN SOUTH AFRICA The South African human settlements sector faces many challenges including increasing housing backlogs and a decreasing number of low cost houses delivered by the government. The decline in the number of housing units delivered occurs against a significant increase in the resources allocated and spent. Against the background of the challenges faced by the sector, the Commission undertook to evaluate existing housing policies and financing instruments from an economic and fiscal perspective as well as to develop alternative housing delivery and funding options and scenarios for consideration in improving the efficacy of the housing sector. The analysis sought to: review the long run consequences and implications of the current housing delivery and funding system; evaluate ways to encourage self built initiatives including leveraging household savings, private sector and co-savings schemes; and ascertain clear roles and responsibility for government with respect to each alternative. ffc.co.za/
Posted on: Wed, 07 May 2014 09:20:42 +0000
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