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The Citizen | Levies lowdown: Are you paying too much?

High levels of violent crime, robberies, house burglaries and hijackings are forcing people to abandon freestanding properties in favour of high-security housing complexes or estates.

12 April 2022

The Citizen | Levies lowdown: Are you paying too much?

High levels of violent crime, robberies, house burglaries and hijackings are forcing people to abandon freestanding properties in favour of high-security housing complexes or estates.

While security complexes offer numerous advantages, such as heightened security and well-maintained public spaces, communal living comes with a price tag, namely the levies and taxes.

Homeowners living in complexes often complain that levies are too high and, in some cases, increases of up to 65% have been reported.

Personal finance website JustMoney.co.za spoke to property experts about what is legal and fair, and what owners can do if they feel their levies are excessive.

Read the full article here.

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