I found this a more helpful explanation of the rise in house prices. https://medium.com/iipp-blog/why-cant-you-afford-a-home-9c5cf009be21 https://medium.com/ii

I found this a more helpful explanation of the rise in house prices. https://medium.com/iipp-blog/why-cant-you-afford-a-home-9c5cf009be21 https://medium.com/iipp-blog/why-cant-you-afford-a-home-9c5c... I also can’t help but wonder whether the change in house prices has been a factor in the rise of populist politicians. It feels impossible to prove or disprove, but in places like the UK and US, a high cultural value is placed on home ownership. And at the same time, housing is unaffordable. In that gap dissatisfaction grows. And a more obvious target of blame is immigration than cost and availability of credit. I emphasize, the above is an hypothesis. I look for evidence to either prove or disprove.