Semigration to the Western Cape is slowing as soaring property prices, growing congestion and limited housing availability make the province less accessible.
Semigration refers to the movement of people within a country, rather than abroad, and is often associated with high-income, highly skilled households.
Independent economist John Loos said that while semigration is still moving towards the Western Cape, net inflows may have begun to slow as property prices rise.
“House price growth has been far faster in the Western Cape. It’s becoming far less affordable for many.”Â
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Loos explained that semigration is not only about affordability but also about lifestyle and quality of life.
That is why the Western Cape has been so attractive to many people for decades, he added.
“It’s not without its problems, but I’m talking about better than the rest and lifestyle and natural environment that supports a better life, quality of life.”
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However, as housing costs continue to rise, provinces such as the Eastern Cape, which are often overlooked, are emerging as potential semigration destinations.
Its affordability and natural beauty make it an attractive option for retirees and those seeking a better quality of life.
“The Eastern Cape is fast taking off, especially places like Jeffreys Bay. It’s more affordable there, and it has a coastline.”
He said the province’s economic growth and improved service delivery would be key to strengthening its appeal as a semigration destination.
Chante Ho Hip
www.ewn.co.za