This topic is in it's 4th year, I have not looked back but I suspect you have been predicting a 30% price crash/fall for at least 3 of those ...
Still the market continues to creep forwards.
On this graph the worst performance is following the GFC with a 15% dip ... never have we seen the a 30% decline you continue to forecast.
https://www.ons.gov.uk/economy/infla...x/december2023
I know you are wishing the market down so your kids can buy a house but until the supply increases it isn't going to happen.
Last year 178,000 houses were completed against a government target of 300,000. The slow down of house building in the current market is well documented so supply is getting worse not better.
I know you also like to blame landlords for this situation but the segment is minor and hasn't changed in decades; in fact it is a declining sector due to government policy and despite that the needle on prices hasn't shifted, and tenants are paying the price ...
This latest round of tax changes that has damaged the holiday rental sector is just the next phase of poor policy decisions that will damage the UK holiday industry and hurts people running business in those sectors as there was no warning and no tapering of the changes.
Local authorities used to own 31% of UK housing stock ... and were significant builders ... today it is 0.