Private Sector Investment = β0 + β1*Variability of inflation rates + β2*construction costs + β3*operational costs + β4*reworks and variation costs + β5*rental price + β6*private equity+ β7*land acquisition costs + β8*average income of households in RDP range + ε

The above is a preliminary model to understand the level of statistical significance in variable has on Private Sector Investment . The aim is to narrow down the key factors so as to make recommendations to policy makers in addressing the existing housing backlog in South Africa, an ensuring the new developments are located in close proximity to economic hubs.