Sizeable number of adults in the UK think there will be a housing crash within five years


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Although house price rises have slowed recently a sizable proportion of British people still believe that the property market is heading for a crash within the next five years.

A new survey asked people to say if, and when, they believed the UK housing market would experience a crash, and offered a range of timescales for respondents to choose from.

Just 4% of people thought there would be a housing crash in the next 12 months but 17% thought there could be in the next two years and 45% within five years, according to the research from property marketplace TheHouseShop.

The survey conducted by YouGov also shows that 60% believe there will be a price crash in the next 10 years, 65% within 15 years, 66% within 20 years and 67% in more than 20 years. Some 33% said they do not think there will be a crash in the future.

A regional breakdown of the survey results shows that people in London were most pessimistic about the future of the housing market in the short term, with 55% predicting a crash within five years.

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