For property, the hand-wringing is mostly a distraction.

A lot has and will be written about the election; the timing, the rationale, the impact. For property, the hand-wringing is mostly a distraction.

Labour is in, the Conservatives are out. The sooner the better is not a political statement, but simply recognising that markets have priced in the change and are desperate for Kier to get off the electioneering fence and to set out clear policy messages for the country.

Stability is the new sexy. Frankly some sense of predictability has been sorely missing for years - political, economic, societal.

And then there is policy. The point about a new Government is that it often comes with change for change’s sake, dressed up as change ‘because the electorate voted for it.’ Well here’s an idea for the incoming Secretary of State; don’t do that.

The single greatest property intervention in the national interest is to do nothing. Give us stability and reap the rewards of your clever inaction. Bask in the praise of your colleagues for resisting the urge to tinker.

There is much that can be improved for property. Planning capacity absolutely is still acting as a brake rather than enabler and business rates remain completely out of kilter with other nations in the drive for global competitiveness and growth.

Look no further than London's housing starts, where a volume of barely 3,000 homes stands in stark contrast with the estimated 10x size of annual need. This is the result of policy that refuses to budge in the face of varied negative viability pressures. Affordable housing tied to market delivery through S106 needs to flex with the market in order for that delivery to happen. It should be that simple, but it isn't.

We may not have the system we want - woeful grant funding for affordable housing need to improve, aligned with sensible rent settlements. But, with improvements to these lubricants to the system, we can make it work.

The incoming Government has a big job to lever more growth out of an economy that has a productivity problem and has been sluggish compared with our peers for far too long. Real estate and infrastructure can play a key role in driving new investment and development activity, as well as supporting the redistribution of wealth and economic activity around the country. Our global leadership in knowledge economy sectors is just one area where real estate can enable productivity improvements that support prosperity across the country. Needed clarity over long-term infrastructure investment priorities and the planning routes that will support growth can't come soon enough.

Stability may not get your heart racing, but it’s absolutely what the industry needs right now.