- Title
- Improving the property rental market in Tshwane CBD
- Creator
- Kganyago, Rapholo Joseph
- Subject
- Real property -- South Africa -- Pretoria
- Subject
- Rental housing -- South Africa -- Pretoria Building leases -- South Africa -- Pretoria Housing -- South Africa -- Pretoria
- Date Issued
- 2019
- Date
- 2019
- Type
- Thesis
- Type
- Masters
- Type
- MSc
- Identifier
- http://hdl.handle.net/10948/40588
- Identifier
- vital:36185
- Description
- The research focuses on investigating the Improvement of the property rental market in Tshwane CBD. This includes determining the factors leading to high dilapidation of the Tshwane rental properties in its CBD as well as establishing the challenges experienced by the tenants in respect to the comfort and safety of their rented properties. This includes determining challenges faced by the rental property owners in establishing safe, comfortable housing facilities that fulfill the tenants’ expectations. The research further determines to illuminate on economic opportunities that can be realised in improving the conditions of the rental property market. The research employs a mixed research approach, where 100 survey participants and 10 qualitative interviewees are used to gather empirical evidence for the study. This manages to bring congruency to the outcomes of the study. The research finds that rent seeking behaviours are prevalent in the Tshwane rental property market. The study finds that there is lack of adequate management of rental properties owing to challenges with timely maintenance costs that affect most rented properties in the CBD. The research illuminates further that rental property owners and employed agencies are not effectively upgrading or modifying security features in their commercialized units much to diminished safety of property and most importantly the tenants. The research also exposes that foreign nationals in rental property market are also part of the rent-seeking behaviours through some hidden costs and penalties that do not align with local authority regulations to unsuspecting and prospective tenants much like local rental property stakeholders. The research has recommended that regulatory agencies in the rental property market must be trained and assessed on performance metrics continuously to ensure that they effectively address and expose issues such as latent defects, health inspections of properties and a better understanding of rental property dynamics at inspection and certification of rental units as fit for commercial business. The research further recommends that urbanisation through gentrification requires sustainable partnerships between both private and public construction sector players with adequate consultation with communities affected near CBDs to encourage building of more structures that are affordable to middle-income earners residing in affected rental areas identified in the research phenomenon.
- Format
- xii, 89 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Engineering Built Environment and Information Technology
- Language
- English
- Rights
- Nelson Mandela University
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Rapholo Joseph Kganyago.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |