That's more or less where my thinking comes from, I'm in the UK and most people fix for 2-5 years at a time. Interest rates will come down again so the effect

That's more or less where my thinking comes from, I'm in the UK and most people fix for 2-5 years at a time. Interest rates will come down again so the effect of them being a barrier will reduce. But the fundamental problem for most people here in the UK is getting a 10-20% deposit together when the average house price is £296k, average salary is about £27k, and average household income is £31k.