I know some people get a little grumpy when I talk about the negative South African property market but let's be honest - say what you want about the market, but there are some bad things happening.
And it doesn't seem to be limited to the residential space either.... I walked through two of my smaller local shopping centres today.
One has 15 shops and the other has 16.
I walked through them today and the smaller centre had two shops boarded up and the other had three that had closed.
That's a pretty significant percentage, and one can't help but feel that there is some further bad news that still needs to come into the economy...
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