[Seeff Properties General Manager Emarie Campbell] said it seemed that South Africans wanted to return home despite some negative publicity surrounding the upcoming general elections on 22 April, the unpopular black economic empowerment policies and crime.
"They believed that skills shortages ensured that correctly skilled people were still finding jobs regardless of colour and that there were many opportunities associated with infrastructure developments ahead of the 2010 Soccer World Cup," she said.
But in contrast, Campbell said most of the overseas enquiries from Europeans looking for second or holiday homes or to invest in South African farms, had dropped.
The return of expats has, however, helped the South African property market.
Source:
Ex-pats boost SA property
Sapa
March 26, 2009
