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Archive for October, 2011

The “tall poppy syndrome” has become a South African social phenomenon.

For those of you who may not be familiar with this saying, Wikipedia describes the tall poppy syndrome as: “a social phenomenon, in which people of genuine merit are resented, attacked, cut down, or criticised because their talents or achievements elevate them above, or distinguish them from their peers”.
Many years ago, like so many of [...]

Soft house markets should lead to a spot of gavel gazing

“Are you done?”, shouts Gauteng-based auctioneer Gift Ngwenya. ”Three times I’ll call it”,  the auctioneer bellows before closing a sale after spirited bidding during Auction Alliance’s September residential property auction in Johannesburg.
Mr Ngwenya’s fiery chant is not enough to get the seller’s reserve price for a three bedroomed cluster in Northcliff Johannesburg, despite stiff bidding [...]