First post.
The final ingredient has yet to be added, then creating the perfect storm.
Once the BoE agrees to cover the government's massive debts, there will then be an international run on the pound, inflation will rocket, necessitating a big increase in interest rates.
Every ingredient you can think of will then align. High interest rates. Negative equity. Unemployment (creating an exodus of east Europeans and reduced housing needs). Fall in tourism and the need for AirBnB. The long awaited interest only mortgage repayment dates about to mature (a scandal all on its own). Repossessions and bankruptcy. World wide recession. Ongoing pandemic, decimating every nation.
So, where do we currently stand? The band played on.