{"id":4355,"date":"2024-10-14T08:56:05","date_gmt":"2024-10-14T08:56:05","guid":{"rendered":"https:\/\/citra-technology.com\/ch\/?p=4355"},"modified":"2024-10-21T11:36:32","modified_gmt":"2024-10-21T11:36:32","slug":"frankfurter-allgemeine-in-kapstadt-vertieft-sich-die-kluft","status":"publish","type":"post","link":"https:\/\/citra-technology.com\/ch\/frankfurter-allgemeine-in-kapstadt-vertieft-sich-die-kluft\/","title":{"rendered":"Frankfurter Allgemeine: The Gap Widens in Cape Town"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4355\" class=\"elementor elementor-4355\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f0667f9 e-flex e-con-boxed e-con e-parent\" data-id=\"f0667f9\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c0d2523 eael-dual-header-content-align-left elementor-widget 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https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2024\/10\/logo-1-300x41.png 300w, https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2024\/10\/logo-1-768x104.png 768w, https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2024\/10\/logo-1-585x79.png 585w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bc1127 elementor-widget elementor-widget-image\" data-id=\"2bc1127\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2023\/11\/Citra-3-eHomes-1-1024x576.webp\" class=\"attachment-large size-large wp-image-1111\" alt=\"Aerial view of a street lined with Citra eHomes on one side.\" srcset=\"https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2023\/11\/Citra-3-eHomes-1-1024x576.webp 1024w, https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2023\/11\/Citra-3-eHomes-1-300x169.webp 300w, https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2023\/11\/Citra-3-eHomes-1-768x432.webp 768w, https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2023\/11\/Citra-3-eHomes-1-1536x864.webp 1536w, https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2023\/11\/Citra-3-eHomes-1-scaled.webp 1920w, https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2023\/11\/Citra-3-eHomes-1-1200x675.webp 1200w, https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/2023\/11\/Citra-3-eHomes-1-585x329.webp 585w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bda4c95 e-con-full e-flex e-con e-child\" data-id=\"bda4c95\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0bd51e5 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"0bd51e5\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Frankfurter Allgemeine: The Gap Widens in Cape Town<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1be7d55 elementor-widget elementor-widget-text-editor\" data-id=\"1be7d55\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"margin-bottom: 10px; text-align: justify;\"><em>Frankfurt, 3.10.2024<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-470ea6a elementor-widget elementor-widget-text-editor\" data-id=\"470ea6a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Frankfurter Allgeimeine Zeitung, a renowned German newspaper, has featured Citra in an article about Cape Town&#8217;s severe housing shortage.\u00a0<\/p><p>The article examines the growing housing divide in Cape Town, South Africa, where skyrocketing property prices have made housing increasingly unaffordable for many residents. Against this backdrop, the piece highlights Citra&#8217;s approach to addressing the housing crisis through its Blue Downs development.<\/p><p>The article illustrates the stark contrast in Cape Town&#8217;s property market, where luxury villas change hands for millions of euros while many struggle to find affordable housing. In this context, Citra, co-founded by Joel Baur, emerges as a company working to bridge this gap. Their Blue Downs project serves as a notable example of efforts to create affordable housing solutions.<\/p><p>Citra plans to construct 4,000 homes, along with a school, shopping center, and employment opportunities. The company has developed a proprietary building technology which promises both sustainability and cost-effectiveness. <br \/><br \/>The article details the numerous challenges faced by companies like Citra, including complex bureaucratic processes and a difficult financing landscape.\u00a0<\/p><p class=\"whitespace-pre-wrap break-words\">To illustrate the impact of such projects, the article features the story of the Mtiki family, who transitioned from a backyard dwelling to owning their own home in Blue Downs. This personal account demonstrates the real-world benefits of affordable housing initiatives.<\/p><p class=\"whitespace-pre-wrap break-words\">The piece concludes by suggesting that experiences gained from projects like Blue Downs could serve as a model for addressing housing needs not just in South Africa, but potentially in other parts of the world, highlighting the broader implications of innovative approaches to affordable housing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9669519 e-grid e-con-boxed e-con e-child\" data-id=\"9669519\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6695b76 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"6695b76\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/www.faz.net\/aktuell\/wirtschaft\/wohnen\/apartheid-und-airbnb-effekt-in-kapstadt-vertieft-sich-die-kluft-110024367.html\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the Full Article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ab0abf elementor-align-center elementor-widget elementor-widget-button\" data-id=\"0ab0abf\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/citra-technology.com\/ch\/wp-content\/uploads\/Articles\/In%20Kapstadt%20vertieft%20sich%20die%20Kluft_F-A-Z.pdf?_t=1728895852\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download the Full Article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Discover how Citra is addressing South Africa&#8217;s housing crisis. Read the Frankfurter Allgemeine Zeitung article to learn more about Citra&#8217;s groundbreaking approach.<\/p>\n","protected":false},"author":9,"featured_media":4475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[166,177],"tags":[],"class_list":["post-4355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Frankfurter Allgemeine: The Gap Widens in Cape Town<\/title>\n<meta name=\"description\" content=\"Discover how Citra is reshaping the construction industry. 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