Is Britain Heading into a Major Housing Crisis?

The video discusses the UK's economic challenges, including soaring inflation, a weak pound, and criticism of government policies. It highlights the potential for a housing market crash due to rising interest rates, which affect both existing and new mortgages. Falling house prices could be beneficial but also pose risks to banks if negative equity becomes widespread. The video examines the consequences of these economic issues and the role of government actions in addressing them.

What are the main factors contributing to the current housing market crash in the UK?

How have interest rate hikes affected existing mortgages in the UK?

What is the significance of the ratio between median house prices and median income in the UK?

What potential risks do banks face if house prices fall sharply?

What measures did the Bank of England implement after the 2008 financial crisis to prevent negative equity?

How might a weak pound influence the UK housing market?

What are the implications of the government's inability to address the UK's housing bubble?