LeadStory

Africanews

Cape Town rental boom pushes low-income residents into illegal housing

Africanews · Just In
Africanews
Africanews
Just In

Driven in part by a tourism boom and the rapid expansion of short-term rentals such as Airbnb, property prices in the central business district have soared, pricing out workers who rely on living close to jobs and services.

Breakdown
  • Rising rents in Cape Town's inner city deepen the housing crisis
  • Low-income residents move into illegally occupied buildings 5s
  • Tourism and short-term rentals drive up property prices 1m 4s
  • Residents call for affordable housing near workplaces 1m 18s
  • Residents warn inequality will worsen without urgent solutions 1m 39s