New builds and major refurbishment projects are out - and top-end rentals are in.
That, at least, is the opinion of Glasgow-based international architect Adrien Von Ferscht. He argues that in the current climate, renting a high-spec house is likely to prove more attractive to homeowners than buying.
The 66-year-old, who has more than 40 years' experience creating interiors for private homes across the world, has turned his attention to the UK rentals market. He recently completed designs for 45 bespoke, luxury apartments in Glasgow intended for long-term rents.