Percentage of houses being paid off indicates high employment levels at metros

08 June 2016 - 16:59
By Ernest Mabuza

The City of Cape Town has a relatively higher percentage of households which are still being paid off by its residents compared to other metros.The Deprivation/Comfort Index compiled by the South African Institute of Race Relations showed that 20.9% of the households in the City of Cape Town were owned but not paid off.

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