communityfix.org

Digital nomads and short-term rentals are pricing locals out of Cape Town's central neighbourhoods

#00015

Remote workers on SA's nomad visa pay R25,000–R30,000/month for one-bed flats versus a local median salary of R5,500/month, and short-term rentals have absorbed central housing stock. Long-standing residents of Bo-Kaap, Woodstock and Salt River face displacement that compounds p…

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communityfix.org