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Households, houses and homes in South Africa 2010
Eighty20, Jan 2010, Pages: 31
AMPS 2009 data: Two key trends characterise South African households. Firstly they are getting smaller as the number of households grows faster than the number of individuals. Secondly, living standards have improved with the proportion of households in LSMs one to five declining steadily.
What factors are shaping these trends? Demographics and economics are always important, but housing supply also plays a key role. When politicians say we have built almost 3 million houses since the dawn of democracy they might be over-stating things a bit, but the bottom line is that things in South Africa are really changing on the ground literally speaking. Aside from very significant government delivery, we have new 'integrated' neighbourhoods and rejuvenating inner cities.
Needless to say this has quite profound implications on the location of your market, their purchasing priorities and who wins the battle for share of wallet. In this presentation we'll share with you some hard facts, show you the trends and highlight some of the implications while taking a glimpse at the future.
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