Cape Town rent control faces official opposition
Deputy Mayor Eddie Andrews stated there is 'no chance' of implementing rent control measures in the city.
Rent in Cape Town has become increasingly unaffordable, with property prices rising approximately 30% since the end of 2020, significantly outpacing other major cities. The average monthly rent now stands at around R12,500, marking a nearly 10% increase over the past year. This situation has led to widespread concern, with some stating the city is now completely unaffordable for many residents.
The Rent Control Group, a volunteer collective, has proposed targeted rent control measures and suggested capping Airbnb operations in the central business district. Group member Adam Narain argued that regulation, which costs nothing, is a viable tool the state can employ. However, the City of Cape Town, through Deputy Mayor Eddie Andrews, has rejected rent control, with Andrews stating the market dictates rental prices.
Mayor Geordin Hill-Lewis has previously written that rent control "not only fails, it entrenches inequality." The Rent Control Group's proposals also include adopting an affordable housing policy and urging the national government to implement an existing rental law. The group launched its Fair Rent Campaign at an event attended by struggle veteran Zackie Achmat.
Why it mattersCape Town residents are facing escalating rental costs, making housing unaffordable for many.