Falling interest rates are prompting investors to look elsewhere for returns, and, with the uncertainties of the share market, property is where they are looking.
However, the rush for residential investment property has pushed prices through the roof.
Commercial and industrial property is out of reach for the average investor and so property syndicates are back in favour again.
Markets go in cycles and about 20 years ago we saw the same trend. Interest rates had fallen, along with inflation, and people, particularly retirees, were looking for higher income returns.
Companies like Waltus, Dominion Properties and St Laurence flourished.