SHRA releases 2020 State of the Social Housing Report

Posted On Tuesday, 04 May 2021 14:46 Published by
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The Social Housing Regulatory Authority (SHRA) is excited to present the .

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The report provides an overview of the current state of the sector, as well as  profiles the performance, transformation, successes, challenges, opportunities, and developments within the social housing sector.

In addition, the report conveys plans and initiatives of the SHRA to support the future development of the social housing programme, policy developments, and partner­ships with key role players.

Other key findings and insights in the report include:

  1. Population growth: In the next 31 years, the South African population will grow by at least 30% or 17 million people, from around 58 million people in 2018, to around 75 million by 2050. The population will be primarily urban-based and at least 30 million (40%) are likely to be living below the minimum living level.*
  2. Urbanisation: By 2030, almost three-quarters (71.3%) of South Africa’s population will live in urban areas, reaching nearly 80% by 2050. The IUDF indicates that this will have the greatest impact on metropolitan areas. The 40 million people living in urban areas will be mostly in Gauteng, eThekwini and Cape Town.*
  3. Unemployment and poverty: South Africa’s unemployment rate by the end of Q2 2020 was estimated at 23.3% (about 4.3 million). High unemployment has been consistent over the last decade, which causes high levels of poverty and inequality. South Africa is known as one of the most unequal countries in the world, having reported a per-capita expenditure Gini coefficient of 0.65 in 2015.*

*Please refer to the report for the necessary referencing.

The social housing sector remains an important instrument and is one of government’s flagship programmes in terms of providing adequate and affordable rental housing for people in South Africa.

It aims to provide more than just a roof over one’s head and seeks to address the social, economic, and spatial restructuring of our urban spaces. The programme has also been flagged as a key contributor to assist with South Africa’s infrastructure-led economic recovery plan. Further, the construction of housing creates opportunities for employment but also provides for broader and deeper transformation potential across the value chain.

The report is a useful resource not only for stakeholders, who are already involved in the sector, but also for those who are keen to partner to grow the sector or who simply want to stay informed.

Last modified on Tuesday, 04 May 2021 14:59

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