News from ERA - boost for Gauteng property Gauteng boom puts the shine on regional property market When it comes to property , it is commonly believed that the coastal areas are the best investment but while Gauteng may not have the bling of Cape Town or the tropical allure of KwaZulu Natal's coast - the province's real estate is currently very hot property. Gerhard Kotzé, CEO of the ERA South Africa property group, explains: "As we heard during the President's recent Johannesburg imbizo, Gauteng's economy is set to grow at well above the national average rate, and while it may not have the glamour of the Cape or Kwa Zulu Natalmarket , the opportunities here are outstanding in terms of variety, choice and volume."... "Indeed the message is clear: Provided you do your homework, there is a strong case for property investment in Gauteng, particularly at this stage of the market cycle when more discretionary type property investments, such as holiday homes, are perhaps in less demand." The Editor Gerhard Kotze www.era.com

Source: http://property-south-africa.blogspot.com/2007/04/news-from-era-boost-for-gauteng.html