ABSTRACT
The property investment market must be seen as part of the overall investment market whilst at the same time being a distinct segment having its unique attributes and peculiarities.
It is reasonable to suppose that any prospective investor will look at all the investment possibilities before deciding where to commit his funds. Most investors wish both to maximize annual returns and to protect the purchasing power of the capital invested. Consequently an investor may decide not to invest all his capital in any particular form of investment. For example, government stock and other fixed interest investments offer little or no capital growth. But the decision to move away from those areas of investment where a stock or share is acquired and a coupon or dividend received half-yearly to the ownership of a physical building is a major step requiring skills of financial and physical management and access to substantial funds.
