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RE: Is UK Property Wealth Over-Valued?
This is another effect of the everything bubble that has been created from the leverage in the system supported by the Central Banks to avoid deflation (which is actually worst than inflation). The concern is how sustainable it will be over time as tools become less effective and economic activity is led by a small numbers of participants.
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Very fair point, the only question is whether the bubble deflates gradually or bursts suddenly. Normally it's the later, which typically benefits that small number of already rich who take it as an opportunity to snaffle up assets that the poor are forced to sell off.
Kind of sounds like crypto.