The opposition Democratic Alliance aims to make changes to the country’s existing property legislation in the coming months as part of a move to tackle the country’s housing crisis.
- The National Housing Act needs to be amended to address the current eight-year prohibition on selling government-subsidized houses. This Act makes it illegal for recipients of subsidized houses to trade up or leverage their assets to generate capital. “This bizarre restriction must be removed,” said Powell
- The DA also plans to address illegal land grabs in the country by tabling an amendment to the Prevention of Illegal Evictions Act, which Powell said permits for expropriation of property without compensation and allows land grabbers to jump the housing queue.
Changes to Property Laws Proposed for South Africa
Tags new property laws South Africa, new property laws