So this is somewhat disturbing. I'm no economist but the continued slump of UK markets is bad news to anyone with a mortgage. The overblown housing market is a bubble waiting to burst and a prime example of the failure of free markets. The lack of affordable housing in the UK is shameful. My wiff and I now gross 40k a year but we are still not even considering a mortgage because of all my debts from 6 years of university. I may be fucking clever and well paid on paper (still below the UK average) but I'm also fucking broke. This news is not good for me or anyone else.