Wednesday, 23 May 2007
Minister of Housing???... Lindiwe Sisulu
Lindiwe Sisulu is our LADY! She is responsible for those R30 millions mansions and the township pandokkies...
Lindiwe is the Minister of high-end and low-end property and she wants the developers to continue to thrive so that they can continue with their work. More importantly it will assist her with the enormous backlog that the government has in providing the lower end housing for the masses in South Africa.
Her biggest issue at the moment is a new government objective (and hopefully an incentive as well) that compels all developers to include a 20 percent lower income housing component in their new developments.
She is definitely looking for a win win situation all round. This lady is a go getter and someone who's going to be making a difference in this country.
If you look at the St. Francis Bay example (if this had been in place then), there would not have been a sprawling shanty town but instead a proper housing environment for the workers in the area. THIS LADY MAKES BIG SENSE!!!
People without formal housing cannot be 'out of sight, out of mind'. Banks are granting bonds to those that earn R3000 a month, so if you can afford to pay that salary, then you will be assisting that person in getting the financing that they need. You could even arrange to pay a portion of that persons salary directly into their bond account to help cover their home-loan payments and in doing so, writing this of as a taxable expense... Some food or thought!
Did you know that Lindiwe's dad, Walter Sisulu, was the first black estate agent in South Africa. Before the second world war, after studying at night school, he went to business and setup a small real estate agency that helped black people buy and sell property before the apartheid government limited those rights. So she is defiantly sitting in the right place and hopefully 'filling the shoes of her late great dad'.