Cape Town's housing crisis: Why are young people being pushed out by the rich? | The 77 Percent

Cape Town is becoming one of the most desirable cities in the world, but for many locals, it’s becoming impossible to afford. As rents soar, young people, working-class families, and longtime residents are being pushed further away from the city they call home. From digital nomads and Airbnbs to apartheid-era inequalities and a lack of affordable housing, this report explores why Cape Town’s housing crisis is reaching breaking point, and who is paying the price. Credits: Report by Julia Jaki Presenter: Nontokozo Mchunu Camera: Eaton De Jongh Sound: Mike Nyembe Editor: Anya Schulz Producer: Johan von Mirbach Enjoyed this video? Check out more on our channel: Join the conversation of our latest Street Debates : https://www.youtube.com/show/VLPLKkuo... Are you crazy about Science? Then you don’t wanna miss THIS! :    • I made plastic that melts in nature — here...   Find all our latest videos here! :    / @dwthe77percent   ----- #DWAfrica #the77percent ----- 77 percent of Africans are younger than 35. Africa's youth holds the key to shaping the continent’s future. On our platforms we share their stories, their dreams and their challenges. Are you part of the 77 percent? Join the debate here on YouTube, and on the following platforms: facebook.com/dw.africa instagram.com/dw_the77percent dw.com/77 dw.com/africa