TOLLS TO CAUSE MASS TENANT MIGRATION – Property24
The introduction of e-tolling is set to cause a major upheaval in the Gauteng property market, and especially in the rental sector.“The toll fees are going to place an additional strain on household budgets and many people who currently use the freeways to commute long distances to work will want to relocate to avoid them,” says Jan Davel, MD of the RealNet estate agency group.Rental demand is also likely to strengthen, he says, in the increasingly popular areas close to public transport access points like Rea Vaya, Gautrain or Metro stations, as more people try to avoid commuting by car.