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Cracking the gender-glass ceiling of home ownership

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Women are increasingly taking back their power in home ownership.
Women are increasingly taking back their power in home ownership.

Gone are the days where the patriarchy has been allowed to forefront the property market and women, particularly single women and especially single black women, are increasingly taking back their power in home ownership. 

However, work on destroying that gendered glass ceiling is not yet done. While more and more entrepreneurially-minded women start taking the reins of owning property, there’s still a notable gender-gap in the market we’ve yet to fully overthrow.  

But, if the past 25 years have been any indication – we're quickly and smoothly heading in a victorious direction of wholly liberating the female presence in home ownership.  

In fact, since the birth of democracy circa 1994, the rate of female property ownership has steadily grown and looks to continue in that empowering streak.  

According to data and stats from Lightstone, single females are increasingly becoming the forerunners of South African home ownership. Single women are also seen to be overtaking single men and married couples in home ownership – particularly in the inexpensive or lower-priced property realm. 

Even in these shaky and uncertain economic times in South Africa, we are seeing more women actively applying for and being approved for home loans. This is because the power dynamics are shifting from the limestone financial institutions and banks to the open, hungry and capable hands of the woman with a dream.  

If you’re considering getting your home, there are plenty of home loan agencies ready and willing to help you every step of the way.  

In fact, SA’s first home loan comparison service, ooba homeloans, will help you not only acquire a home loan, but will also acquire a quote from every major bank on your behalf. This puts the power back in your hands allowing you to choose the best quote that works for you. 

So, what are you waiting for? It’s time to further smash the gender-glass ceiling and build your fortress above it.  

Your dream home is closer than you think... 

For some, the dream is a picture-perfect house in the suburbs. For others, a vibrant inner-city lifestyle calls. What’s yours?  

How can ooba homeloans help navigate a path to your ‘castle in the sky’?  

Complete the survey below and let us know what’s important to you.  

Share your thoughts, your concerns, your hopes. Give us a more meaningful understanding of what is important to you when it comes to choosing and buying a home.  

Your input may help you take that first important step with a R15 000 discount off the deposit on your dream home.  

Plus all data gathered will be used to help put the dream of owning a safe, secure home within reach of millions of other South Africans - just like you.  

Ignite the dream. Complete the survey. And start planning today. 

This post is sponsored by ooba home loans produced by BrandStudio24 for W24. 

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ENTRY RULES

1. The promoter of this competition is Media24 Proprietary Limited, acting through its 24.com division ("24.com", "we" or "us").

2. The competition starts on 6th May 2019 and closes at 23h00 on 24th June 2019, unless otherwise informed by 24.com.

3. The competition is open to South African residents only.

4. Entrants must be over the age of 18.

5. The following persons are excluded from this competition:

5.1 a director, member, partner, employee or agent of, or consultant to 24.com or any other person who directly or indirectly controls or is controlled by 24.com; and

5.2 a supplier of goods or services in connection with this competition; and

5.3. the spouses, life partners, business partners or immediate family members of the parties referred to in 5.1 and 5.2.

6. If you have won a 24.com competition within the last 30 calendar days, you may not participate in this competition.

7. All entries must be made from one of our Platforms. Our "Platforms" refer to our websites, mobile sites, mobile apps or social media platforms where this competition is displayed or advertised. By clicking on the competition link on our Platforms, participants will be directed to the competition page where they will have to complete The ooba Ignite Your Dream Survey, answer the survey questions and provide us with the information below. After completing the entry form, the participant must click on 'Enter Now'.

8. In respect of each participant, the following complete, valid, true and correct information must be submitted:

8.1 full name and surname;

8.2 e-mail address;

8.3 cellphone number;

8.4 date of birth; 

8.5 gender and

8.6. closest city

9. If any of the information submitted is incomplete, incorrect or otherwise invalid, your entry will not be considered.

10. Your personal information will be used in accordance with the terms of our privacy policy http://www.media24.com/privacy/

11. Only one entry per individual will be allowed. 

12. All entries, duly completed, must be received by 24.com before the competition closing date and time. If not, such entry will not be eligible, regardless of the reason for the late receipt of the entry, including due to lost, late or misdirected mail; printing errors; server unavailability; or computer or any other electronic or telecommunications malfunction. All entries received that are mutilated, tampered with, or illegible will be void.

WINNER SELECTION

13. The prize winner will be selected randomly from valid participants and announced on or before 30th June 2019

14. The winner's name may be published on the following sites and/or platforms: https://www.ooba.co.za/ 

15. The winner will also be notified by means of the contact details provided to us on or before 30th June 2019 or as soon as possible thereafter.

16. You are hereby informed of your right to decline:

16.1 the use of your image in marketing material;

16.2 an invitation to participate in any marketing activity;

16.3 an invitation to be present when the draw is taking place or the winner is announced.

GENERAL RULES

17. Unless we make alternative arrangements with the winner, the prize will be placed into the winner’s bank account.

18. We may require the winner to provide us with additional information as we may reasonably require (like his/her banking details) in order to process and facilitate the payment of the investment prize and your acceptance and/or use of a prize.

19. The prize is non-transferable.

20. We reserve the right to cancel this competition, or to change the rules at our discretion or to change the prize at any time without notice to you.

21. Proof of identity will be required to collect the prize and we reserve the right to refuse payment or handing over of a prize to any potential winner who refuses to, or cannot, provide sufficient documentation to verify his/her identity.

22. The judge’s decision is final and no correspondence will be entered into.

23. Income and other taxes, if any, are the sole responsibility of the winner.

24. You may not be awarded a prize if it is unlawful for us to supply such a prize to you.

25. No "automated" entries will be allowed and all entries must be made by a natural person manually on our Platforms where the competition is displayed.

26. If any entry has been made in any manner which in 24.com's discretion may provide an entrant with an unfair advantage over other entrants, unless these rules specifically allow such conduct, such entrant will be automatically disqualified from this and all future competitions run by 24.com.

PRIZE

The winner will be awarded a cash prize of a R15 000 (Fifteen Thousand Rand).

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