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The Heher Commission of Enquiry, proposed options for student accommodation development to cater for between 50% and 80% of the student population; and estimate the cost and time to be R147 billion over a 15-year period. Thereafter an estimated annual growth of 5% is required per annum to ensure additional demand is covered. This doesn’t begin to consider the R2.5 billion to cover a backlog in maintenance or a further R1.9 billion to update existing residences so they are fit-for-purpose.
The solution for government alone is near to impossible. Thus, the real solution is a combination of:
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