World Cup no boost for South Africa real estate

Supply-demand imbalance creates dismal recipe for recovery

Every couple of years, one of the world’s most interesting cities gets to throw a great party, either because of the Olympics or another global sports event.

For the first time ever, a venue in Africa was made host of one of the world’s great athletic contests, the World Cup for soccer, or as they say everywhere else but in the United States, the World Cup for football.