Homeownership is widely advocated and believed to contribute towards economic
activity, employment, wealth creation, economic, political, and neighbourhood stability
and financial independence. Despite government’s interventions to advance
homeownership there is currently a declining trend in homeownership and an increase
in renting experienced in South Africa. As the government does not have the resources
to provide adequate housing to all South Africans, identifying the factors which
attribute to non-subsidised homeownership will assist in implementing interventions
and strategies to increase access to non-subsidised homeownership and reduce
reliance on government subsidised housing.