Cheers Orwell. But I'm solely looking at it from a freehold...

Cheers Orwell. But I'm solely looking at it from a freehold property point of view (i.e: houses and/or land). Property is two speed - apartments vs land/house values move differently.

A factor to consider here is that this generation is different to its predecessors. Most people today live where they 'love' and buy where they can 'afford'.

So my line of thinking - if tenants 'love' it - how much more rent will they pay? Especially when their salaries are subsidised by investments they can 'afford'.