1. Academic Wits Research Publications (Faculties submissions)

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Author: search.filters.author.Simbanegavi, PriscaSubject: search.filters.subject.South Africa

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    Comparing occupant satisfaction in Green versus Conventional Residential Real Estate in South Africa
    (Proceedings of the AfRES 2024 Conference, 2024-09) Masotya, Adam; Simbanegavi, Prisca; Weaich, Malcolm; Adewunmi, Yewande; Ndlovu, Pride; Gethe, Faranani
    This study compares occupant satisfaction in green versus conventional residential real estate in South Africa. It investigates the benefits and satisfaction levels related to green developments, particularly in terms of energy savings and socio-economic Impacts. The research aimed to determine if there is a significant difference in occupant satisfaction between green and conventional residential developments. A quantitative approach was employed, utilizing stratified random sampling to survey 160 occupants from two developments: Crossberry Central (green) and Little Manhattan (conventional). Data was analysed using the Mann-Whitney U and Wilcoxon W tests due to non- normal data distribution. The findings indicate that occupants of green developments report significantly higher satisfaction levels. Key areas of satisfaction include air quality, utility savings, and environmental benefits. Green developments demonstrate higher levels of satisfaction regarding reduced utility bills, improved indoor air quality, and contributions to environmental conservation. The study concludes that green residential developments significantly enhance occupant satisfaction compared to conventional housing. This suggests a socio-cultural shift towards valuing sustainable living environments, emphasising the importance of promoting green building practices to improve both environmental and occupant well-being.
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    The impact of inflation on house prices in South Africa: effects of COVID-19
    (University of the Witwatersrand, Johannesburg, 2024-07) Simbanegavi, Prisca; Weaich, Malcom; Mpofu, Bekithemba; Moobela, Cletus; Laryea, Samuel; Li, Baizhan; Essah, Emmanuel Adu; Mensah, Sarfo; Liu, Hong; Yao, Runming
    This study investigates the impact of inflation on house prices in South Africa, with a particular focus on the effects of the COVID-19 pandemic. The research aims to elucidate the nature of the relationship between inflation and housing, and to determine how the pandemic has influenced this dynamic. Utilising monthly data from January 2010 to April 2022, the study employs Johansen cointegration and Granger causality tests to assess long-term and causal relationships, respectively. The findings confirm a positive long-term relationship between house prices and inflation, indicating that housing serves as an effective hedge against inflation. However, the results also reveal structural breaks in this relationship, with significant changes observed during the COVID-19 period. The Vector Error Correction Model (VECM) highlights short-run adjustments and the speed of return to equilibrium. This study provides valuable insights for investors and policymakers, demonstrating the resilience of housing investments during economic disruptions and underscoring the importance of considering regional and temporal factors in real estate investment strategies.