It is so rare to have someone writing up the truth -- housing prices raising are not good for anyone (other than speculators and commission earning realtors).

British situation is one of the worst in this aspect, but in many countries property markets are inflated dangerously. Governments are to blame for keeping interest rates artificially low for too long (it's been 10 years now from our Quasi-Depression of 2008. Credit is too easy, assets are inflated in various markets (real estate, shares, bonds, etc).

https://www.theguardian.com/commentisfree/2020/feb/21/housing-property-market-young-rising-prices