Ain’t gonna happen, the government won’t let it.
Extended mortgage periods, increased multiple of salaries, inter-generational mortgages; Lloyds Bank, John Lewis and no doubt Blackrock soon will enter the frey and hoover up new builds @ 25% above asking price just like the US.
I’ve been waiting too long for the right thing to happen, and have been repeatedly surprised at the extent to which the government/central banks will go to keep the debt based Ponzi scheme going.
If you can afford to, you should buy.