Growth in Dollar Milionaires Can Stimulate Luxury Homes Market

The forecast by Credit Suisse that the number of dollar millionaires in South Africa will grow almost threefold over the next five years, from 71 000 to nearly a quarter of a million, reinforces the groundswell of renewed confidence in the future of the country's luxury residential property sector says Ronald Ennik, a specialist marketer of high priced homes in Gauteng.