UK Housing Market Faces Correction Risk on Prices, Rates

The video discusses the UK housing market's current challenges, including high house prices, inflation, and mortgage rates. It explores the Bank of England's response with rate hikes and the potential for a market slowdown. The discussion includes the role of government policies and the impact of future leadership on housing issues, highlighting the need for new homes and the constraints on building due to policy decisions.

What challenges does the next Prime Minister face regarding housing policy?

What are the potential consequences of the housing market slowdown for first-time buyers?