The continued boom on the UK property market has raised fears of a speculation bubble, but the latest figures suggest property prices will not continue to rise quite as sharply as in the past, while rents are already falling.
Demand for rented property has risen, although supply seems to have risen even more. According to RICS, leasers in London are already starting to sell off their property, which could lead to excess supply and a drop in prices.
Handelsblatt, 30 August 2002, p7
