They call it rentvesting, a label coined by millennials as they find disruptive ways to climb the property ladder. It is well known that this generation demands convenience, instant purchases, and being able to have access to what they want when they want it. The same is starting to apply in property where the market is experiencing a surge in rental activity.

Marcél du Toit, CEO, Leadhome, says that while millennials have started to impact the property market significantly abroad, South Africa can expect to feel the effect within the next five years: “Millennials are...