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Load shedding: How it will affect the property sector

There is a multitude of ways in which this could harm the already fragile sector.

If it becomes a trend this year, load shedding will yet again have a significant impact on the already weak economy. Given the backdrop of promises by President Cyril Ramaphosa, in which he outlined that the utility will be split to deal with its challenges, there is some hope. What impact does this load shedding now and in future hold for the property sector? John Loos, a property sector strategist at FNB, discusses the latest bouts of power cuts with Nompu Siziba.

Read more: Eskom power cuts revive threat to business 

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Real estate values will benefit when “extra features” consists of worlds like “sold with Solar-geyser system / PV-solar battery bank system”. A bore-hole & filtering system will also be features enhancing property values.

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