Some observations on informal subsidised housing market in Cape Town

One of the primary benefits of homeownership in an expanding market economy is that of wealth creation through the capital appreciation of the dwelling unit. In many market economies, homeowners have most of their personal wealth tied up in the house in which they live, making homeownership preferable to rental. The housing subsidy in South Africa is built on the premise of building units for the amount of the subsidy using the model of one-house one-plot, and making the subsidy available to people in the lowest income group. While the selling of non-subsidised properties is an accepted practice in the property market, it does raise important and new questions in the case of the subsidised housing. Selling of subsidised units, in many instances, starts within months of taking possession of the unit and at a price below the replacement value. The article attempts to respond to the following questions : How prevalent are the sales of subsidised housing? How are the units sold : legally or illegally? The study was conducted in the Cape Town Metropolitan area. One important finding was that most of the transactions happening with the subsidised housing are illegal transactions. The research also shows that the benefits gained by homeownership in the low-income communities does not lend to secure tenure and does not render the same benefits as higher income groups. The findings should encourage the government to introduce more appropriate housing options and alternatives to homeownership. Kommentaar oor informeel gesubsidieerde behuising in Kaapstad Een van die primere voordele van huiseienaarskap in 'n groeiende ekonomiese mark is die skepping van rykdom deur die kapitale waardasies van die wooneenheid. In baie ekonomiese markte het huiseienaars al hulle persoonlike rykdom in die huis waarin hulle woon bele en verkies hulle om huiseienaars te wees in plaas daarvan om 'n woning te huur. Die behuisings-subsidie in Suid-Afrika is baseer op die veronderstelling dat bou-eenhede vir die bedrag van die subsidie volgens die model van een-huis een-erf bereken word, en die subsidie dan gegee word aan mense in die laagste-inkomste groep. Terwyl die verkoop van nie-gesubsidieerde eiendom 'n aanvaarbare praktyk in die eiendomsmark is, veroorsaak dit belangrike en nuwe vrae in die geval van gesubsidieerde eiendom. Die verkoop van gesubsidieerde eenhede, in baie gevalle, begin binne maande nadat die eiendom in besit geneem is en teen 'n prys laer as die vervangingswaarde. Die artikel poog om antwoorde te gee op die volgende vrae : Hoe algemeen is die verkoop van gesubsidieerde huise? Hoe word hierdie eenhede verkoop - wettig of onwettig? Die ondersoek is gedoen in die Kaapstad Metropolitiaanse area. Een belangrike bevinding was dat die meeste van die transaksies wat plaasvind met die gesubsidieerde huise onwettig is. Die navorsing wys verder dat die voordele gekry uit huiseienaarskap in die lae-inkomste gemeenskappe waarborg nie versekerde eiendomsreg nie en lewer nie dieselfde voordele as vir die hoer inkomste groepe nie. Die bevindinge behoort die regering aan te spoor om meer toepaslike behuisingsopsies en alternatiewe aan eienaars beskikbaar te stel. Ezinye zengqwalasela kwezoqoqosho lophohliso lwezindlu e kapa Enye yeenzuzo eziphambili kubantu abanemizi kuqoqosho okukhulayo kukwakhiwa kobutyebi ngokukhulisa ixabio lendlu leyo. Kwindawo ezininzi zoqoqoshooluvulelekileyo, abanini zindlu bayebazifumane bekwimeko yokuba bonke ubutyebi babo bubopheleke kwindlu leyo, nto leyo ethi yenze ukuba banyanzeleke ukuba indlu leyo baqashise ngayo. Ubonelelo ngezindlu e Mzantsi Afrika Iwenziwa ngokuthi kwakhiwe indlu elingana nexabiso lobonelelo kwinto ebizwa ngokuba "yindlu enye kwisiza esinye", izeke lonto yenze ukuba abantu abarhola kancinci baxhamle kubonelelo ngezindlu. Lo gama intengiso yezindlu ezingaphandle kobonelelo ngezindlu iyinto eyamkelekileyo kwi marike zezindlu, ithi iveze imibuzo ebalulekileyo nemitsha kwimiba yentengiso yezindlu eziphantsi kwesibonelelo. Intengiso yezindlu eziphantsi kwesibonelelo, kumathuba amaninzi, iqalisa kwisithuba seenyangana emva kokuba buqalile ubunini bendlu ngexabiso eliphantsi. Eli ngoku lilinge lokuphendula le mibuzo ilandelayo : Kuxhaphake kangakanani ukuthengiswa kwezindlu zesibonelelo? Zithi ezizindlu zithengiswe njani? Ngokusemthethweni okanye ngokungekho mthethweni? Uphando luthe lwenziwa ku Masipala Ombaxa wase Kapa. Uphando lufumanise ukuba inkoliso yentengiso yezindlu zesibonelelo iye yenziwe ngokungekho mthethweni. Uphando lukwafumanise ukuba abanini-zindlu zesibonelelo kuluntu olunemivuzo ephantsi alude lubengabaninimhlaba yaye abona bantu baxhamlayo ngokubabanzi ngabantu abanemivuzo engcono. Eziziphumo zophando zimele ukuba zimkhuthaze u Rhulumente okokuba avelise ezinye iindlela ngendlela ezingezinye ngokufanelekileyo zobunini zindlu.