Abstract
M.Com. (Business Management)
The study was conducted to address a few of the fundamental
factors that contributed to the present housing shortage in
South Africa and also to emphasise certain aspects that may
assist in the proper functioning of a future housing scheme
in a post-apartheid South Africa.
Substantial consensus has been reached by researchers that
urbanisation should concentrate on employment creation, be
development-oriented, and emphasise economic growth. Undesirable
phenomena such as poverty, unemployment and the deterioration
of land should be managed by the elimination of factors
such as a high population increase, development backlogs
and restrictions on mobility by means of long term strategies
that are executed on a step by step basis. Affordable standards
and realistic regulations for housing, physical infrastructure
and social services should be implemented on an
urgent basis to promote home ownership for all sectors of the
market.
The study substantiates the importance of the formulation of
special programmes for the prevention and the reduction of
housing backlogs as well as for the promotion of the upgrading
of existing structures. All this must however be done
within the financial ability of the state which in turn
necessitates a substantial and urgent increase in contributions
from the private sector.