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Cape Town to Slap Tax Hike on Airbnb Owners
Bloomberg Television· 2026-02-06 08:59
How has the rise in these short term rentals affected Cape Town's housing market as a whole. Yeah, it's interesting because if you take a look at Cape Town, it is in comparison to a number of other major cities. About this issue of access and affordability.So if we zoom in to Cape Town specifically. On the one hand, there is this issue of the rise of short term stays that is contributing to the decline and inventory of some of these longer term permanent housing. And we've seen that over the past few years. ...