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Rental market boom is a boost for rental investmentsRentals are booming as many opt to rent in this economic climate. Rental rates have reached some of the highest levels in years.Sought-after property in Richards BayThe Richards Bay area in KwaZulu-Natal is experiencing a shortage of property to buy and rent, with luxury homes priced in excess of R5m.Richards Bay CBD lures investorsThe Richards Bay CBD is abuzz with buy-to-let property investors who are snapping up two bedroom apartments in the R450k price range.