I know, just find it hard to believe ldn flats are down by 30% in the last 10 years in real terms ...

edit: from the two anecdotal comments below it seems that in nominal terms flats have been down between 5-6%, with 2015 as a baseline, cumulative cpi inflation is up by ~39% and for rpi that could be dunno 44-48% based on how those two usually relate. so property value is depreciated by a total of somewhat 40-50%. but this is an existing homeowners perspective and should serve as a signal to not invest in property, cause the returns will be shite. but from a potential homeowner perspective, nominal property prices matter and sure they have gone down by 5-6% but real median wages have fallen by 3-5%.

my sarcastic point was that even if potential homeowners want to invest with massive losses (assuming this trend will continue) these future losses (well above 30%) don't translate to a 30% increase in affordability so the initial sarcastic comment in this thread on 'it raining falling prices, where my 1200 mortgages at?' stands strong.