Back to today’s briefing

Story perspectives

Airbnb Surge Deepens Cape Town's Housing Crisis

12/28/2025

36 3

Summary

Story summary

Cape Town's housing crisis worsened as Airbnb listings rose 190% since 2022, reducing long-term rentals.
Fundisa Loza, who moved into an abandoned building, faces rents averaging 10,000 rand (about US$600).
Experts emphasize the need for stricter regulations on short-term rentals to safeguard local housing.
The city's population, now over 4.7 million, adds pressure to the housing market.

1 of 1

Story summary

Cape Town's housing crisis worsened as Airbnb listings rose 190% since 2022, reducing long-term rentals.
Fundisa Loza, who moved into an abandoned building, faces rents averaging 10,000 rand (about US$600).
Experts emphasize the need for stricter regulations on short-term rentals to safeguard local housing.
The city's population, now over 4.7 million, adds pressure to the housing market.