JH-ZA070828_0010 World Bank

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    Cosmos City is a new housing development being constructed just north of Johannesburg. It is a township built with three types of housing available. There are fully bonded, subsidised and RDP (Recontsruction and Development) options. The subsidy is calculated on a sliding scale depending on the home owners earnings. and the units go from R184 000 (45m2) to R R260 000 (70m2). The fully bonded are sold as per normal via Estate Agencies and the RDP are supplied by the Government for the poor. Subsidised houses, the area borders the R512, a main road from Randburg. 2007. Photo: © John Hogg/World Bank

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