...One thing has moved fast in the past five years: house prices. Property hunters will be hard-pressed to find a one-bedroom flat in a decent location for less than £275,000. But rental yields are high, too. One-beds in good locations rent for about £800-plus a week, two-beds from £1,700, with most short-let properties rented out for about half the year, which is punctuated by lavish events such as the summer Film Festival and the explosive Biennale in June.
Ann-Marie Doyle, from Venice Estates, forecasts annual rises of about 14 per cent to continue in 2008...