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New developments for Port ElizabethSeveral commercial and industrial investments in Nelson Mandela Bay are expected to bring about a rise in activity in the local real estate market. State of the Nation Address highlightsSince 1994, government has addressed land reform through restitution, redistribution and tenure reform, but redistribution targets won't be met.Gap subsidy positive for propertyHouseholds earning too little to qualify for a home loan but too much for state housing, between R3.5k and R15k, will be able to get a subsidy.