▲ 45 r/capetown
What is Cape Town coming to?
R2.2 million for a 20 m² shoebox where in order to get into bed you have to climb up steps. It's laughable. That equates to R110,000 per m².
For comparison sake, I live in Sea Point and paid R37,000 per m² for my apartment which I purchased in 2021. So in 5 years property prices have tripled - that's bonkers!
u/CogitoErgoSum10 — 2 days ago