Of course, we're not perfect, and the key issue that comes up time and time again is infrastructure. In many ways, we're victims of our own success. We have a world-class system but our continuing growth places strain on a design first formulated by the Victorians - or indeed, in some cases, the Romans.
Improvements such as Crossrail (pictured) will be vital in helping us to deliver the capacity needed over the coming years. Infrastructure pays for itself, so we should be counter-cyclical and put in the investment now, before our rivals close the gap. In fact, £1 spent on construction brings £2.84 back into the economy.
Of course, opportunities in this area don't come much bigger than the Olympic Games. London 2012 will showcase us to billions of people across the world and, hopefully, deliver a sustainable legacy for us all.
Infrastructure and real estate go hand-in-hand. When I'm involved in big infrastructure projects or buildings, we use insurers, bankers, hedging, swaps and so on. There's not a single instrument of trade and finance that we don't use.
So, as a lord mayor from the demand side of financial services - a client - I'll be challenging the City to work closely with the property industry for our mutual benefit.
Michael Bear is Lord Mayor of the City of London