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Thu 02 Feb 2010Property Investor

A European-style rental system can only take shape here if pension funds and insurance companies have a change of heart and start buying up apartment blocks

DURING THE boom years, most young executives aspired to buy either an apartment or an investment property. Before that they probably would have settled for a Continental holiday or, at a push, a new car but with the economy soaring and everyone glorying in the increased spending power the urge to buy property was everywhere.

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