It certainly hasn't done many favours for the average working man both in terms of being priced out workwise and having somewhere to live. It's still a salvageable situation to an extent if have a national house building program, but I don't trust our government or other parties to deliver on that. There are too many advantages to them not bothering. Making us a nation of renters (and expensive to rent at that) was the plan all along in my view.

If you are retired, or earn an income from working at home, there is nothing to stop you living in a warmer place. There are plenty of options, often where the housing costs are a tiny fraction of the UK. You have to balance that against the quality, availability and cost of health and security. Things we tend to take for granted, until they aren't there.

I owned a beach front home in the Philippines for several years, which was modern, well equipped, aircon throughout and with ensuites for each of the 4 bedrooms. It cost the equivalent of £120,000 when I bought, probably £200,000 today. Among my friends, there was a software developer who worked full time for a games developer in Bristol, doing all his work online. So he would work from mid-afternoon to midnight to match UK time, and spent the mornings on the beach or in his boat. Another worked as a diver on oil rigs, 3 weeks on, 3 off. Another owned and operated a call-centre business.

It can be done, if you want it enough.

It is certainly an interesting article and I believe there is a lot in it. I’ve read counter arguments that the market will remain strong but I just don’t see it personally. The effects of inflation, the cost of living crisis, interest rate rises, uncertainty in the jobs market. I do think there will be a correction in the housing market in the coming months.

I missed the actual article itself initially. Good read. On one hand I definitely see sense to this, as in these conditions realistically how can prices go up much more. To counter it, we could say that in not building enough houses it's hard to see how a collapses could happen (as the monied would very quickly swoop in to take advantage of lower prices). I can see a scenario perhaps where prices remain static for a good while. That wouldn't be a bad thing. Time will tell; strange times where little is certain!

Yes, but they won’t prop up the market or be impatient. I assume you’re talking about smart and experienced money.