Yeh, it looks that way. People can’t go on with high inflation + high interest rates on mortgages - something will break. My fear is that a lot of folk will lose their homes, big property developers will then swoop in and buy a load of distressed property for cheap, as the banks try to offload it, and then the number of people forced into life-long renting just increases even more. It sucks that housing has become an investment asset - it should be a home first-and-foremost.