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Card image 25 March 2021 Daily Maverick

Kickstarting the backyard rental market will be a catalyst for revitalising township economies

The Gauteng government is looking at a model that allows us to upgrade properties of township dwellers for backyard rental by creating a rent-sharing agreement between the main landlord and funder. This will be affordably spread over a period that allows rental costs to be kept within a reasonable range of their informal sector equivalent until the costs of upgrades are paid off.

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