Thousands of 🏡homeowners across Johannesburg are fuming after huge 📈increases in their property valuations which have, in turn, increased their monthly rates significantly.💵 Full story➡️
Thousands of homeowners across Johannesburg are fuming after huge increases in their property valuations which have, in turn, increased their monthly rates significantly. More than 42 000 objections have been lodged with the council, but only 18 000 of these have been dealt with. The Democratic Alliance in Johannesburg warned objections could take up to six months to resolve – or as long as several years if handled through the long independent appeals process.
had been re-evaluated upwards and their rates, based on these new valuations, would be implemented this month.Property valuations increased between 10% and, in some cases, 100% – all this at a time of declining property values as emigration soars and a glut of “for sale”’ houses dominate suburban streets.
“My husband and I both receive tiny pensions, less than our outgoings. Up to now, our rates have been negligible as we qualified for pensioners’ rebates. Despite that it has been a constant battle,” Wellman says. “I don’t think they ever had any intention of taking our objections seriously. All they have to do is walk around this area and they will see over 40 houses for sale. Where are we to find the money? If we don’t pay they will cut everything off. And then?”
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