Friday, September 22, 2006

High rent could bring up more shack dwellers

by Christopher Hoesl
22.September 2006

The national Department of Housing has so far built units for the Gateway project. The dwellers of Joe Slovo and Langa were expected to pay a rent expense of R500 but it now seems that they will have to pay an incredible amount of R1050
per month . The dwellers are not impressed as this amounts are high for them. The dwellers should attend a workshop before being give there key.
Dan Plato, the city's mayoral committee member announced yesterday that the fixed interest rate on municipal home loans of 13.5% could drop to 11%.
With that the people have more money .This will help tremendously so that they can pay there debts.

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