"This Makes No Sense": SA Can't Believe Big Property Price Differences
- A local Twitter page recently highlighted the price difference between two properties in different SA locations
- The smaller property of the two costs nearly three times more than the bigger one
- The big price difference left many locals debating about it in the comment section of the post
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South African Twitter page @kasiconomy recently shared an eye-opening post about the big price difference between houses that are placed in different areas in the country. Two screenshots show two different properties, one in Soweto and another in the Free State.
Surprisingly, the Soweto property, which is much smaller than the Free State property, cost nearly three times as much as the three-bedroomed Free State house, which also has a lot more yard space.
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While some locals pointed out that the location mattered a lot, others could not believe the big price difference. Read a few of their comments below:
@MpumeleloLuke said:
"Location. Location. Location. Diepkloof is close to 3 metros with many economic opportunities. And on the other hand Welkom is a dead mining town in the middle of the Free State. And also demand, houses in Gauteng townships are relatively cheap compared to the suburbs."
@TheZingOne said:
"This makes absolutely no sense to me."
@stinyonyo said:
"But generally houses from townships are costly. I don't know what's the basis."
Briefly News also reported that a scarf costing two vastly different amounts of money at two different stores has left Mzansi scratching their heads. The price difference of R160 for the same product left social media users with a lot of questions.
The picture was shared by Twitter user AdvBarryRoux, who also wanted an explanation for the massive price difference. Social media users shared their opinions about what could possibly be the reason for the stores charging different prices. Twitter user jstBLACK_SA said:
"They'll fool you and say the quality is different, All those things are bought in China, and probably from the same supplier."
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Source: Briefly News