Fundamentals for property investorsremain strong

Prospects for the residential property market may be much the same as for commercial property but there is no direct correlation between the two. Residential property is driven by owner occupiers although private investors have clearly influenced market activity in recent years. The market is being supported by the fact we are still building too few homes. New building is currently at around the same level it was in 1924 despite an increase in population of about a third since then. Demographic and social trends mean there are more divorces, less marriages and longer life expectancy...