Housing Entrepreneurs

Housing Entrepreneurs

The study into housing entrepreneurs developed out of the findings of the township residential property markets study and is focused on South Africa.  The central question was this: if the housing asset is not performing as a financial asset for its low income earners, how else might it be performing?  Can homeowners make money from their housing and might this be a different way in which the housing asset could perform?

The study was commissioned by the FinMark Trust, with support from with Nedbank, the Social Housing Foundation and the national Department of Housing, and focused on the activities of small scale landlords and home based enterprises in the inner cities and townships in Gauteng.

The study found that housing provides a critical platform for residents to become entrepreneurs, either as small scale landlords or home based enterprises, earning an income and building their asset wealth while also supplying and managing much needed affordable rental accommodation for other low income households.

Housing entrepreneurs operate at the nexus of housing and local economic development strategies.  Whether as small scale landlords, incubators for growing SMMEs,

Read More »

The study into housing entrepreneurs developed out of the findings of the township residential property markets study and is focused on South Africa.  The central question was this: if the housing asset is not performing as a financial asset for its low income earners, how else might it be performing?  Can homeowners make money from their housing and might this be a different way in which the housing asset could perform?

The study was commissioned by the FinMark Trust, with support from with Nedbank, the Social Housing Foundation and the national Department of Housing, and focused on the activities of small scale landlords and home based enterprises in the inner cities and townships in Gauteng.

The study found that housing provides a critical platform for residents to become entrepreneurs, either as small scale landlords or home based enterprises, earning an income and building their asset wealth while also supplying and managing much needed affordable rental accommodation for other low income households.

Housing entrepreneurs operate at the nexus of housing and local economic development strategies.  Whether as small scale landlords, incubators for growing SMMEs, or as survivalist ventures for the unemployed, that are making an important contribution to our economy.  Housing entrepreneurs are clearly developing sustainable livelihoods by using their house as an economically productive asset.  The research found that this grassroots effort at poverty alleviation should be adopted and supported by national, provincial and local policy.

The study led to a series of reports focusing on the activities of “housing entrepreneurs” whether as small scale landlords or home based entrepreneurs.

As a follow on to this study, Urban LandMark commissioned work also into the activities of small scale landlordism.  This is available on their website.

FEATURED DOCUMENTS

View all related documents »

PHOTO GALLERY

[nggallery id = 6]