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I don't think so.

At the time, in the early 80s, when every single financial publication started publishing stories about how property was a financial investment, South Africa had world sanctions. What money we had was spent on oil. Imports, where they were available, were taxed to hell and gone.

This was an international change of perspective brought about by Reagan and Thatcher's neoliberal economics. The yuppies were a reflection of that.

it was only with the regime change in the early 90s that imports opened up in South Africa By that time, that perspective that homes were a financial investment had been going for a decade.

Margaret Thatcher also pushed that view. She sold up a mass of social housing as investments for private owners. That, again, had nothing to do with Chinese imports.

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