Tuesday, May 1, 2007

South African Housing Gap Sparks Anger, Violence as Squatters Seize Homes

(Bloomberg) -- Sello Timothy Mbamba's dream of owning his own home came true -- and for more than a year he's been too afraid to move in.

Mbamba was one of more than 100 people who won government funding to build one-bedroom houses at Olievenhoutbosch, 19 miles northwest of Johannesburg. When the house was completed 18 months ago, people who were still living in shacks accused him of leapfrogging over them and threatened his family.


Read more at Bloomberg Emerging Markets News

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