Why Cape Town’s affordable housing crisis matters

This article discusses the severe affordable housing crisis in Cape Town, which is driven by rapid urbanisation, unemployment, and economic challenges. This crisis affects over half the city's population and risks leading to social unrest if not addressed. The article discusses the complexities of the housing market, the struggles of the middle class, and the critical need for infrastructure improvements and title deeds to help people leverage their homes as assets. Key stakeholders, including government officials, developers, and NGOs, are working on solutions such as streamlining land release for social housing and supporting micro-developers.

The article underscores the complexity of the housing issue and the urgent need for coordinated efforts to prevent further social and economic deterioration.

Abstract based on original source.