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Maybe big council tax levy on second homes. There are of course people from the SE that have just moved to Cornwall especially with increased digital transformation and home working.

Yes, I remember a friend buying a one beder in Kemp Town in 96, think it was 35k. Today would have to be 250+

Rates basically at zero have consequences, we now have an asset bubble driven by cheap money, property, equities, not to mention the speculative stuff Then we have governments that think they can just borrow forever and rack up huge debt. At some point it will end and it won't end well

Interest that apartment prices have been pretty flat in many areas for the last decade, a real gap has opened up between these and house prices.

So wrong when inflation is charging along at 5%+, pre GFC rates would be 7% and you'd be paying 8-8.5%

I'd exchange ASAP before you get gazundered!!!

Big building programmes are going to take a serious hit and then you've got to find buyers.