
ITS MY HOUSE – Joburg ratepayers could cough up three times inflation rate with proposed property tariff hikes
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GUEST – Ynnis Wilson - Head of Rentals & Randburg Branch Manager at Jawitz
The City of Johannesburg says the total value of its new property valuation roll is 12% more than the current roll. This could lead to ratepayers, in effect, paying three times the rate of inflation more. If the City of Johannesburg goes ahead with its proposed tariff hikes based on new property valuations, ratepayers could, in effect, be coughing up three times the rate of inflation more.
The City of Johannesburg says the total value of its new property valuation roll is 12% more than the current roll. This could lead to ratepayers, in effect, paying three times the rate of inflation more. If the City of Johannesburg goes ahead with its proposed tariff hikes based on new property valuations, ratepayers could, in effect, be coughing up three times the rate of inflation more.

