Ms Francesca McDonagh:

We look at changing demands in the type of housing bought. There is discussion of having smaller units, less sprawl and a greater concentration and high rise properties. Obviously, that would have an impact on city planning, transportation and infrastructure. The nature of what people expect from a property is changing. They may have smaller families or want an apartment rather than a house. Our role is to support our corporate clients on projects that make sense, are right for the economy and the subject of demand from residential property buyers. We have an ongoing dialogue with our clients on the right type of housing they will need into the future.