The effects of political, economic and financial components of country risk on housing prices in South Africa

What is it about?

The housing market in South Africa has the potential to drive economic growth and attract foreign investment but it can be affected by various risk factors. We conducted an empirical analysis of the effect of country risk components on the housing market in South Africa. We concluded that the response of housing prices to changes in the country risk components differed across the three segments of the housing market in South Africa. Consequently, this study presented the first comparison of the reactions of different housing segments to different components country risk.

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