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Understanding the reasons to the causes of defaults in the social housing sector of South Africa
Understanding the reasons to the causes of defaults in the social housing sector of South Africa
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Understanding the reasons to the causes of defaults in the social housing sector of South Africa
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Understanding the reasons to the causes of defaults in the social housing sector of South Africa
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Understanding the reasons to the causes of defaults in the social housing sector of South Africa
Understanding the reasons to the causes of defaults in the social housing sector of South Africa
Journal Article

Understanding the reasons to the causes of defaults in the social housing sector of South Africa

2003
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Overview
This paper is based primarily on the findings of a study carried out by the National Housing Finance Corporation (NFHC) in the first quarter of 2003. It sheds light about the nature and scope of the underlying reasons to the causes of defaults by tenants in the social housing rental market in South Africa. The methodology of this particular study was to conduct tenant survey through primary research across all 5 provinces covering 11 institutions. The overriding purpose was to uncover reasons leading to tenants defaulting on the payment of their rent installments. The purpose of this investigation has therefore been to gain an understanding of the underlying reasons for the reluctance of end-users to meet their financial obligations which impacts negatively on the funding institutions by conducting a tenant survey.