If I have to pay a monthly amount to the municipality, that is greater than my bond, just to retain title, then I submit that while you may have a title deed in hand, it is a huge liability and certainly not an asset. As such - you do not own your property - the council does.
The Durban rates scenario is slowly gathering momentum with rate payers association and opposition parties giving it stick. The municipality received over 50 thousand objections and the valuations continue to be challenged. Dictator Sutcliff carries on denying and remains arrogant and petulant as ever, according to the latest news from the Mercury.
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