#SHSI Episode 60 - Why Cape Town's Housing & Property Crisis Is Pricing Out MOST South Africans

Why Cape Town is Pricing Out an Entire Generation | The Housing Crisis ExplainedCape Town's rental prices have jumped 24% since 2018, reaching R10,875 per month – the highest in South Africa. Property values have surged 160% since 2010. But while politicians blame digital nomads and propose rent control, the evidence tells a completely different story.In this video, we break down the real reasons behind Cape Town's housing crisis and why an entire generation of Born Frees – young South Africans who were supposed to inherit a country without spatial restrictions – are being systematically priced out of the city they work in.We explore:The shocking rental and property price increases across Cape TownWhy rent control would make things worse (with evidence from Argentina and Germany)The real solution: Build, Baby, BuildHow regulatory red tape is strangling housing supplyWhy the Born Free generation is struggling to access homeownershipThe gap between government promises and actual housing deliveryThis isn't about blaming individuals – it's about understanding the systems that created this crisis and what the evidence says will actually fix it.📊 Key Stats Referenced:Western Cape average rent: R10,875/month (2024)Cape Town property prices up 160% since 201075% of Cape Town households earn less than R18,000/monthForeign buyers account for 40% of purchases over R10 million