Low interest rates combined with a massive shortfall in house building and add in help to buy and those rates were low for a massively inflated initial asset.

Low interest rates combined with a massive shortfall in house building and add in help to buy and those rates were low for a massively inflated initial asset. Plenty of people who are middle class got furloughed or let go during Covid. Pretty much everyone I knew who were contractors were let go. Brexit had an impact before the vote and immediately after the vote because inbound investments were paused, some HQ's were moved to different locations and the pound dropped in value. I'm not taking into account post actual leaving the EU because it's too complex to disconnect the impact from everything else going on. Now we have a tidal wave heading towards us. Most working and middle class people just don't understand how bad it will get for some of them. Those that worked during covid, saved up and then didn't spend it all post lockdown will probably be ok. The others? Not so much once share prices crash and the boards of directors start making layoffs to get the share prices to rise and to make sure their portfolios are ok. I'm expecting riots like Brixton, Handsworth etc. again in the UK.