Locked Out: Why First-Time Home Buyers Are Losing Government Support

Mathews Sidu - The acting executive manager for grant facilitation at the NHFC joins us to discuss the growing pressure on South Africa's First Home Finance programme, formerly FLISP, after demand for government subsidies for first-time homebuyers exceeded the funding available for the financial year. We unpack what this means for aspiring homeowners, the affordable housing market, and whether more government support is needed to help South Africans get onto the property ladder. Presenter John Maytham is an actor and author-turned-talk radio veteran and seasoned journalist. His show serves a round-up of local and international news coupled with the latest in business, sport, traffic and weather. The host’s eclectic interests mean the program often surprises the audience with intriguing book reviews and inspiring interviews profiling artists.  A daily highlight is Rapid Fire, just after 5:30pm. CapeTalk fans call in, to stump the presenter with their general knowledge questions. Another firm favourite is the humorous Thursday crossing with award-winning journalist Rebecca Davis, called “Plan B”.  Thank you for listening to a podcast from Afternoon Drive with John Maytham  Listen live on Primedia+ weekdays from 15:00 and 18:00 (SA Time) to Afternoon Drive with John Maytham broadcast on CapeTalk https://buff.ly/NnFM3Nk  For more from the show go to https://buff.ly/BSFy4Cn or find all the catch-up podcasts here https://buff.ly/n8nWt4x  Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5  Follow us on social media:  CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.