Waiting

  • Fact: #

As at June 2010, mortgages accounted for 65% of total outstanding consumer credit balances, at R749.03 billion. (NCR’s Consumer Credit Market Report 2010 Q2)

This week’s theme: Credit in South Africa

One response to “Waiting

  1. DAVID DICKENS

    14 years Ago

    Are bankers really that smart?
    House prices are over inflated.
    The affluent/White consumers where allowed multiple house bonds and created businesses on rent collection.
    A Black first time buyer was given the 3rd degree to get a small house in a township.
    A good question would be who owes all this money – Is it the small bond holder? or the Big/multiple bond holder?

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