I don't know anyone looking to buy housing real estate at the moment as an investment or anytime soon. Rental yields are falling as a glut of houses and apartments have been added to housing stock.
A significant shift in investor sentiment could lead to a serious downturn in the property market with job losses in the labour-intensive construction sector, not to mention the serious knock-on effects to the services such as architects and lawyers, as well as retailers who sell household goods.
