Cape Town mayor Dan Plato. Photo: Gallo Images

  • Cape Town mayor wants President Cyril Ramaphosa to change the Disaster Management Act regulation preventing evictions, after alleged illegal occupations at a Cape housing complex.
  • Social housing non-profit organisation, Communicare, alleged that its staff, security guards and tenants battled an alleged illegal occupation over the past weekend.  
  • The police say they are investigating complaints of trespassing.   

Cape Town mayor Dan Plato wants President Cyril Ramaphosa to change the Disaster Management Act regulation preventing evictions, after the alleged illegal occupation of housing units in a complex managed by social housing organisation Communicare.

“Disaster regulations currently limit the ability of courts to grant eviction orders. This will add to Communicare’s challenge of dealing with the injustice of this building hijacking,” said Plato. 

“I have called on President Ramaphosa to urgently change the regulations for the sake of the rule of law, the greater

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“It’s crazy. There is no inventory,” the CEO of KB Home told CNN Business.

For wannabe buyers, the shortage of homes on the market, combined with a surge of competition from other purchasers is setting off bidding wars, all-cash offers and no end of sticker shock.

But this one-two punch of very low supply and roaring demand is suiting homebuilders just fine.

“This is the best housing market I’ve seen in my career,” Mezger said. “It’s a good time to be a homebuilder.”

KB Home’s first-quarter profit swelled by 62%. It handled more home transactions than in any first quarter since 2008. The company’s backlog surged by 74% in value, and nearly doubled in the West Coast.

“There isn’t a city we’re in where I would say it’s a tough market,” Mezger said.

Not only is KB Home (KBH) making far more money now than a year ago,
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