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Property market responds to Budget 3.0South Africa’s Budget 3.0, tabled this week following months of political negotiation and fiscal reworking, brings with it a blend of relief, realism, and renewed responsibility.Deciding factor: How location affects property values Location is the single most influential factor in determining property value and buyers should carefully evaluate all the associated aspects to make the best possible investment.Property market reacts to unchanged repo rateHere’s what the SARB's Monetary Policy Committee's decision to keep the repurchase rate at 7.5% per annum, and the prime rate steady at 11%, means for those in the property market.